Victory Capital Holdings, Inc. ( $VCTR ) – stock is trading under 20 dollars as of July 5th , 2019 and offering a possible buying price between $18.90 – $19.85. Let’s look at the stocks technical actions using a weekly chart.
2. The stock broke out from a long base back in February.
3. The stock had a nice run after that.
4. The stock moved sideways for few weeks and consolidated the gains.
5. The stock staged another solid breakout.
6. But, the breakout didn’t gain traction and the stock went into consolidation, again.
7. The stock found support at the 50 day moving average line, all along.
8. The stock is offering a possible buying price between $18.90 – $19.85 with a stop loss at $17.39.