VMC has broken the 2.18 barrier

VMC has broken the 2.18 barrier with an impressive volume today. I thought it will first create a handle for the cup but price just went up. The price may continue to move to 127.2% Fibonacci Retracement level or around 2.35 per share with support at 2.18

RSI or Relative Strength Index is near 80 which is already overbought. This may loosen up once price will correct.

Caveat!

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