AcornWealthCorp

VCIT - Longterm Upward channel breakdown Short from $84.83

Short
NASDAQ:VCIT   Vanguard Intermediate-Term Corporate Bond ETF
VCIT was one of our recent Short alert. It is running within a broad Upward channel, noticeable in weekly frame. Moneyflow was diverging & now in the negative side. We been waiting for the perfect entry point & now it seems ready to fall. We think it can decline down to $79 area.

* Trade Criteria *
Date first found- March 14, 2017
Pattern/Why- Longterm Upward channel breakdown
Entry Target Criteria- Break of $84.83
Exit Target Criteria- $79.73
Stop Loss Criteria- $86.13

Please check back for Trade updates. (Note: Trade update is little delayed here.)
Order cancelled: Never hit our entry, taking off the list.

Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at http://www.smartmoneytrading.com/now

Check out some of our free video examples @ https://ziblvrn8.pages.infusionsoft.net
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.