VGUARD - Breaking 5yr consolidation range- 45% upside potential
VGUARD is at the upper range of 5 year consolidation, near 270 levels.
A weekly close above 270 levels will give confirmation on new upside journey.
Target is coming to 355 and 395 levels.
Target timeframe: 3 to 6 months.
Note: Since the consolidation is around 5 yrs, we may see a new bull run after breakout at 270 levels with good volumes. Can expect 2x / 3x returns as well on long run.
A weekly close above 270 levels will give confirmation on new upside journey.
Target is coming to 355 and 395 levels.
Target timeframe: 3 to 6 months.
Note: Since the consolidation is around 5 yrs, we may see a new bull run after breakout at 270 levels with good volumes. Can expect 2x / 3x returns as well on long run.