I am not an expert either. Great summation Lakedog. When I bought this the volume was right around 1 million. So it looked like it would finish lower than the proceeding day but that didn’t happen. But I still think I am in a good spot and have my stop set. Here is a little bit on the VCP Pattern.
So what I like to see is a contraction in the volume with the price getting really tight. I could be early because I didn’t wait for the pop but the problem with that is just about every stock today that outran everyone trying to get in. Everyone had to chase the stocks. So I don’t mind being a little early. Let’s see what happens in the next few day. The fundamentals look really good.