See how the Rectangle is playing out for V. View live chart.
Sideways movement between parallel supports.
Bearish continuation pattern.
Bearish continuation if preceding move was down.
V is showing interesting structural developments at $300.8. Currently at $300.8, the asset is showing upward momentum (0.77%). Our AI has detected a valid Bearish Flag pattern. The trend indicator is reading 14.2/100, suggesting moderate momentum. A potential breakout level is identified at $293.89, targeting $230.24 with support near $308.49 (R:R 4.36).
What is your outlook on V?