$VNM seems to be consolidating after its move, trading between 17.12 and 17.235 today. If it can hold above that 17.12 level into the close, I'm watching for a potential breakout scenario, though a close back below 17.00 would invalidate that idea for me.
That's an interesting observation on $VNM. What kind of volume are you seeing during this consolidation? I'm trying to learn more about how volume patterns confirm or deny these kinds of moves.
It's interesting you're looking at that range. Do you have a specific target in mind if it does break out, or are you just playing the momentum for a bit?
Interesting take on VNM. I'm curious if you're seeing any increased volume on those consolidation candles today, or if it's mostly light trading within that range.
Interesting take on VNM's current consolidation. Do you have a specific target in mind if it does manage to break out above that range, or are you just looking for continued momentum?