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Is VIK coiling for a breakout? Bollinger Band Squeeze shows up after rising 1.75%
On Thursday, July 30th, VIK moved up 1.75% while volume was to 0.8× the usual levels. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 102.34, 100.21 & 99.14, with resistance at 105.54, 106.61 & 108.74. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of VIK: A
Just a sneak peek — check SwingTradeBot.com for the full story on VIK.
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