I've been following VET since it started trading below it's previous support line a few weeks back.
It has now climbed back to that original support line and should test over the next few hrs or days as to whether it gets rejected (Creating an entry back at Support) or breaks out for some potential gains.
I'd preferably be taking a position at one of the support level's but if it breaks from this 60 day resistance level we could potentially see some solid profits as it moves to the next resistance level.
Thoughts and feedback welcome.
Bingaz.
It has now climbed back to that original support line and should test over the next few hrs or days as to whether it gets rejected (Creating an entry back at Support) or breaks out for some potential gains.
I'd preferably be taking a position at one of the support level's but if it breaks from this 60 day resistance level we could potentially see some solid profits as it moves to the next resistance level.
Thoughts and feedback welcome.
Bingaz.
