Resistance at 123.50
Support at 109.50
Big momentum today after earnings report, I expect a small pullback in the days to come, which could serve as an entry point, before moving on up.
Gross margins sitting at 20% which is quite attractive.
Tickers VIDA (Canada) and PHVAF (USA) have been in trouble for a bit. Tons of failed descending wedge breakouts over this last year, which was an inherently bearish sign during a bull run. I think with global supply chain gluts and the corona-virus threats we will see this descending triangle break down to near few penny's, specifically $0.02 or less. On the rare...
