There has been a long consolidation and then there was a spurt in volume. Some big hands have entered and since then accumulation has been in progress. The VCP formation during this accumulation suggests a breakout move is coming soon.
*DISCLAIMER* For educational purposes only. Not a recommendation. Treat StopLoss as your best friend to get you out of troubles.
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.