VISL - Structure at low end of range (300% potential upside)
I like the look of VISL at this area.
Technical reasons for the trade:
→ Price structure at previous resistance flipped support
→ Healthy OBV
→ Confirmed bullish div - Histogram/ MACD
→ Many gaps left above during the June price drop
→ Weekly TD9
→ Not much volume traded above ~$2.64
→ Similar price action to related idea below
Safer traders are encouraged to wait until the POC @ $1.68 is cleared, buying the retest.
Good luck!
Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.
Technical reasons for the trade:
→ Price structure at previous resistance flipped support
→ Healthy OBV
→ Confirmed bullish div - Histogram/ MACD
→ Many gaps left above during the June price drop
→ Weekly TD9
→ Not much volume traded above ~$2.64
→ Similar price action to related idea below
Safer traders are encouraged to wait until the POC @ $1.68 is cleared, buying the retest.
Good luck!
Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.
