Anyone who has been watching the share over the last few days was able to see beautiful positive price jumps upwards. Who is invested probably does not come out of the grin any longer. Accompanied by company news and new strategic alliances, some of which have already been hinted at in the last few days, which could be learned from the live interviews of Wall Street Reporter with CEO Jay Hutton on youtube.
Last week of news : VSBLTY, GRUPO MODELO, AND RETAILIGENT SIGN Today the news: VSBLTY SIGNS OEM AGREEMENT WITH IMBERA, THE WORLD LEADER IN COMMERCIAL REFRIGERATION
And more will follow in the near future. Yes, and some of them have already been announced. If you look at the price development of the last 2 weeks in connection with the volume, you can see what is going on in the market. VSBLTY is on everyone's lips ! And the news is very very very good. The expected profits and sales will be great. So you are not really surprised about the current development of the share price. And it is also not difficult to understand why I clearly see a LONG scenario here, even if the one or other fluctuation will come.
Currently, I see the price on an hourly basis in a completed retracement ( BC ) and expect a clear if volatile PUSH movement (CD) right after the market opening. So if you were wondering what level the price is at right now, right now, I see it at the beginning of the next PUSH the current Fibonacci and expect the price target of .94 (161.8%) - 1.30 CAD (261.8%). So 1.) not too late now and 2.) probably still a very good entry point possible.
In this sense - good luck to all of you! mophi
And please remember. Act according to your own plan. These are ideas to the best of your knowledge and belief. Nevertheless think twice and then act on your own responsibility. The ideas are a purely personal interpretation. They are not guarantees, investment recommendations or an invitation to act on them.
Then let's see what the market does today. The time for the next news is not far away. The Fibonacci is still intact. In addition, future prospects for this company are fantastically good.
The current Fibonacci is excellently fulfilled. However, there is a possibility that we see an extended push to 1.30 CAD. Of course, not in a through. But that would push the retracement level of the next Fibonacci significantly higher. However it will be. The journey has only just begun. This stock is a gem in the market.
Trade closed: target reached
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After the Fibonacci target was already reached Thursday and Friday, I successfully close this idea. There was still a possibility to run to the point of the extended D - but for this, it would have required a large message until Friday, meanwhile, the retracement of the new following Fibonacci is already mostly closed. The target of the new Fibonacci is in the area of the extended point D.
Thanks for sharing. It’ss now forming a nice pennant on the 1h chart
mophi
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@Madcaptains, You're welcome. I was a little surprised today, that we see a backtesting of the retracement after the news. I had expected something like this between .85 and .72, not today or not at this price level. But this does not change the targets IMO. Have a good time. mophi
mophi
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The order book explained much today, interesting, they have betrayed themselves. Lesson learned.