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Re: malt66 post# 2073

Monday, 10/19/2020 11:34:10 AM

Monday, October 19, 2020 11:34:10 AM

Post# of 2347
VCBD Chart below Bullish-Falling-Wedge Reversal coming;

P-SAR about to drop to the Bulls & Bolli's are Tight, VCBD is OverSold, look at the Accumulation line and the CMF, this tells us that Traders are Loading the bottom...
I am posting about "Chart Technicals only" haven't been following the Chap-11 Reorganization recently.

The "Falling Wedge" is a Bullish Reversal pattern, link below for more info, VCBD has been in a Falling Wedge pattern for quite some time now, eventually the Falling Wedge REVERSES The Downtrend and Turns Bullish, the indicators show that the reversal is coming.

This is not a Prediction of dates/times or anything like that, BUT a Reversal is coming here and with the Small Float VCBD will Bounce hard when it does come, load the Bottom...IMO

Bullish Falling Wedge; https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:falling_wedge_reversal

Double click chart to enlarge;



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