Squeeze on Vocus ahead of results

31 ביולי 2020

Keltner Channel withing Bollinger bands indicates share is being "Squeezed", with investors unsure which direction the stock is heading.
It is typical to expect a strong breakout (up or down) from a squeeze situation.

21 באוג׳ 2020

הערה

We can now see it broke upwards. The squeeze was visible on the weekly chart before the results.
The 2018 result saw a similar reaction, then the SP rose from $2.50 to $3.50, if this surge goes up a similar amount it would get to around the peak of the mid year results in Feb, prior to lockdowns.