Ascending Triangle Breakout on VICR – Entry After Resistance Bre

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Ascending Triangle Breakout on VICR – Entry After Resistance BreVicor CorporationBATS:VICRasaf_shabatVicor Corporation (VICR) has been forming a clear ascending triangle pattern over the past several months. The resistance line at $52.05 (marked in red) has been tested multiple times, and today’s breakout above this key level signals strong bullish momentum. The blue line ($50.22) acted as a solid support zone, reinforcing the base of this triangle. With price now trading above the breakout level, the setup suggests a continuation move towards the next resistance at $57.86, offering an upside potential of ~11%. 📈 Trade Idea: •Entry: Above $52.05 (confirmed breakout) •Target: $57.86 •Stop Loss: Below $50.22 (support zone) The ascending green trendline further validates this bullish structure, indicating higher lows and strong demand.