I bought this stock years ago but it never took off. I recently saw it on the news and I liked what I read. So I bought some stock again. The charts look pretty good. The one article mentioned a possible breakout coming. With it beating the expectations out of the water a couple times already, maybe there is some promise there now.
It's fundamentals are amazing, no need to spill any more words on that. It's astonishing how these opportunities are still present in a market. But on a technical perspective we're at a crossroads here. We have an opportunity to sfp on the monthly while closing february bullish and above demand. If we do so, I believe we're aiming for 10$ again at...
VTSI had a period of consolidation in mid May to early June after testing the 50 SMA. MACD crossed recently and the price is currently well under the YTD POC line. Given the higher lows and the higher highs I think this bullish trend is looking strong. Targets: 6.82, 7.81, 8.81
VTSI has moved up nicely during these past couple of days when the stock market corrected. The upside for VTSI is considerable since it is in a bullish Elliott 3rd wave. The downside is that gap at $5.07. With such a small downside risk, this is a good entry point. I'm not sure if anyone's following this as I didn't get any interest on my last post for VTSI...
I mostly publish ideas related to cryptos, but VTSI has repeated Elliott Wave patterns at multiple degrees. As you can see on this weekly chart, VTSI gapped up breaking out of several weeks long flag and has remained strong throughout the day. I'm always a fan of the third wave as it's usually the most powerful, and that looks to be happening right here.
VTSI: VirTra, Inc. 2020-04-09 16:30:10 VirTra Awarded $1.6 Million Contract for Use-of-Force Simulators and Police Driving Simulators
VTSI: VirTra, Inc. 2019-09-23 08:00:00 VirTra Awarded $5.0 Million Department of Homeland Security IDIQ Contract for Customs and Border Protection
Make sure that $3 area holds and Volume stays consistent to keep driving these prices higher.