Alış
ASX: VTG - Vita Group Limited
Factors
1. Price has experienced a LT downtrend (Starting April 19)
2. Recent price is poking out of it's LT downtrend
3. Price slowly building a base with a short term resistance at $1.235 .
4. EMA is converging and all pointing up.
5. There is an overhead gap at $1.365 which I would be looking to target, $1.550 if we're feeling more ambitious.
Possible Reasons For Failure
1. No breakout/bullish price action at $1.235 to initiate trade
2. Prices may continue to downtrend
3. Base may breakdown at the short term resistance
Watchlist and keep an eye on, mainly at $1.235 level.
1. Price has experienced a LT downtrend (Starting April 19)
2. Recent price is poking out of it's LT downtrend
3. Price slowly building a base with a short term resistance at $1.235 .
4. EMA is converging and all pointing up.
5. There is an overhead gap at $1.365 which I would be looking to target, $1.550 if we're feeling more ambitious.
Possible Reasons For Failure
1. No breakout/bullish price action at $1.235 to initiate trade
2. Prices may continue to downtrend
3. Base may breakdown at the short term resistance
Watchlist and keep an eye on, mainly at $1.235 level.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.