VIPRF Possible Cup and Handle, Double Bottom RSI + FundamentalsThis chart is showing a few bullish indicators for VIPRF.
On the chart, we see a possible cup and handle pattern forming. If you enter now, you will potentially buy near the bottom of the handle.
Furthermore, the price action is retesting the .618 fib level and we also see a double bottom in the RSI. The MACD is starting to converge bullish and if this bullish cross is confirmed we may see more potential upside.
The price target of the cup and handle is labeled on the chart.
On the fundamental analysis side, this asset has an insider named Gary Gordon Cope increasing his position. He is a non-executive director in this company. This data is courtesy of tipranks. 3 days ago he increased his position by C$30,210. 4 days ago he increased his position by C$42,380. 13 days ago he increased his position by C$65,450.
Prior to 13 days ago, the last time he has increased his position on this asset is 9 months ago.
