$VMEO has consolidated since mid 2022 until Nov 2024 and finally broke out of its range post earnings this month.
A break above the $5.80 level allowed the price to shoot up to the First Target at $7.28
Price has pulled back since, the ideal scenario here for the bulls would be a retest of the breakout level, a hold here and you have a buy signal to add before the price moves higher.
DiegoTheSabre17
2024-11-20 16:38:01 +0000 UTC