AndyTheKing

VISL - Structure at low end of range (300% potential upside)

Long
NASDAQ:VISL   VISLINK TECHNOLOGIES INC
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!

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Comments

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