Santa Clause has cometh. That said, I'm not crazy about buying breakouts here. Given the sell off that we've had over the past few weeks, I believe mean reversion trades are the way to go. VIMC fits the the bill. It has a nice tight trading range, which was followed by an range expansion. If this going, It can move 20% or more.
VIMC has set up nicely
Entry 6.24
Stop 5.50.
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