Hi friends hope you are well, and welcome to the new update on VGX.

Recently, on a daily time frame, VGX has started a bullish reversal move from the potential reversal zone of a bullish Gartley pattern.

During this reversal move, VGX has broken out the resistance of a bearish pennant and surged more than 180%.

There is also a formation of a down channel, which is quite long-term, but RSI is showing a hidden bearish divergence, therefore, unless the priceline does not form another higher than the previous high then break out from the channel will be difficult.