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lonercapitalist
May 12, 2021 7:36 PM

Tough times ahead for this stock Short

Description

VLDR has been in a large zigzag correction since 9/11 last year and is currently finishing a wave C in 5 waves. Wave C of a zigzag is generally 1.618 the length of wave A, which is a leading diagonal. Expect further downside to the 6 dollar region. Good luck in this market all!

Comment

Possible bullish reversal here...hit my target. If it makes a higher low, it will be bullish.

Comment

Idea CLOSED. VLDR is likely BULLISH. I could be wrong though so do your own research. More than likely, the price is reversing now. Good luck to all!
Comments
cbanksrn
Any new thoughts?
TrendTraderX
I call it the Cathie drop!
cbanksrn
Thoughts now?
Teebsa
Looks like you've been pretty spot on so far. Curious what your thoughts are going forward.
lonercapitalist
@Teebsa, it's still bearish unfortunately. I see it going lower than 6 dollars. I do think we're close to the bottom though
lonercapitalist
It's still bearish
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