This is a tricky one to read (for me). It seems Vasco has failed several attempts at a breakout. I see a failed inverse head and shoulders
, a failed cup and handle
, and I drew up this chart being that the SPY
is up 1.3% as I type this and VDSI
is down 3.3% (at the low of the day). Fundamentals might suggest this is a long term play, however I would wait before entering a long position for some sort of confirmation.