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Jontripathi
Dec 22, 2021 12:22 PM

$VISL possible bottom Trading under Book value Long

Vislink Technologies, Inc.NASDAQ

Description

Hi,

This idea is about Vislink Technologies, Inc. - trading under ticker VISL

The company recently announced the best Quarter figure in Q3 2021 Statement and since then has been in a downward trajectory which I believe is due to manipulation done in the Small cap index!

Net Margin went positive for the first time @ 6.4

The current Book value per share is $1.45

Currently trading at $1.32

Fibonacci level showing strong support at 1.20 - Past 3 days closed with green candles.

MACD is signaling a possible bounce at these levels with Moneyflow gone positive too.

Really good risk/reward at these price levels.

I currently hold a position and will be accumulating more.

Trade closed: stop reached

stopped out - false break out
Comments
Pastig
Hmmm oops. What do you think just now?
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