VCP on SHAPE

Clear VCP pattern observed with improvement in fundamentals. Growth stock with 2022 to be a breakout year in revenue. Watch closely.

Comment:

I have observed that the pattern being developed is identical to the one between August 2021 to October 2021 i.e. a big price move, followed by shakeout and volume dry out. The price did not move up and instead rolled over.

Hence, be super careful and place your bet only when you have confirmation.