Vermilion Energy Inc. (VET) - Gartley Reversal
VET Gartley on monthly is getting confirmed. Coming rally should be promising around 30% gain. There is also a potential double bottom happening but it is too early to say.
Note, price may (or may not) spend more time at these prices before taking so this trade requires a lot of patience and proper money management. Consider it as long term trade. While holding you may enjoy good dividends ~8% that they pay.
Note, price may (or may not) spend more time at these prices before taking so this trade requires a lot of patience and proper money management. Consider it as long term trade. While holding you may enjoy good dividends ~8% that they pay.
Comment:
There is Inverted Head and Shoulders in PRZ
Comment:
Holding position and patiently waiting for accumulation to finish. Its in good for us.
Comment:
Patience will pay off. Hold your position until at least TP1 hits. Rally is just starting in oil sector.
Comment:
This is a good price to add to position. The reversal may take more time.