VRM Idea - Trade Going into Earnings

Oct 7, 2020

This is not a recommendation and is practice for me. Looks like a downward wedge has formed in the past month. Price is trading within the wedge formation. I anticipate a breakout of this trend by next week and see a price target of $54-$56. Uptrend going into earnings should start at least 1 month out from 11/12. Like this and comment if you agree or see anything different.

Oct 9, 2020

Note

VRM is continuing to trade in its given channel. I expect a price increase by early next week. Good time to buy (Not a recommendation or advice)