Viberate Bullish Trend Reversal

26 Şub 2018

It seems like Vib might have hit a trend reversal point. It bounced off strong support, we have several bullish reasons to believe the trend has reversed:

- Bounced off support
- Increased in volume
- Fast EMA crossing slower EMAs
- Ascending triangle formation
- Awesome oscillator agrees

Vib might continue to move inside the contracting triangle nearing towards the apex, but I believe it should breakout sooner than later. Like always, be mindful of the support
trend line, if it breaks sharply below it, then you might have to reconsider your position.

26 Şub 2018

Not

Broke below support, new support is 2125, if you are in, use a tight SL slightly below that.

2 Mar 2018

Not

Targets 2900 and 3200 reached on March 1st.

28 Mar 2018

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