Is it all blue sky for V?
While V might be overheated in the short term, with a 2-3 week pullback on the cards to the 50DMA, a strong breakout trend might indicate big gains for the next 3 months.
Accumulation is still climbing and strong momentum away from the 200DMA indicates we could be in for a solid medium-term rise.
While V might be overheated in the short term, with a 2-3 week pullback on the cards to the 50DMA, a strong breakout trend might indicate big gains for the next 3 months.
Accumulation is still climbing and strong momentum away from the 200DMA indicates we could be in for a solid medium-term rise.