Chart Of The Week – VIP Industries Outsmarts Market

VIP Industries broke out of a six-week flat base pattern on heavy volume on July 24 as it advanced 9.5% on almost 3x the 50-day average volume. It rose further by 5.8% on Wednesday before scaling down in subsequent sessions. Eventually, the stock gained 10.6% on handsome volumes. The Company will report its Q1 numbers on August 3.

VIP Industries