We will enter VISL here with an open target, Your SL should be breaking the triangle down.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
No changes to the price of Vislink Technologies Inc. stock on the last weeks trading day (Friday, 24th Sep 2021).
During the day the stock fluctuated 7.41% from a day low at $1.89 to a day high of $2.03.
The price has risen in 4 of the last 10 days, but is still down by -3.02% for this period.
The stock is currently coming towards the end of its falling wedge so...
Vislink Technologies, Inc (NASDAQ: $VISL) engages in designs, develops, and delivers wireless communications solutions in North and South America, Europe, Asia, and internationally. It offers live production products and solutions, such as high-definition communication links that reliably capture, transmit, and manage live event footage; a range of high-margin...
Hi there. Beginning trader and technical analyst who received my education from TRi school of trader development. *My charts are not financial and/or trade advice and are posted for entertainment purposes.
Another day with head buried in charts. If there are any small cap, bottom hunters like me who have been in there hunting things that seem like they...
7-8 YEAR TREND CORRECTION / CREATING A MASSIVE FALLING WEDGE
PANDEMIC PRICE AROUND 70 CENTS / NOW MAJOR STRUCTURES ARE STARTING TO SETUP HIGHER LOWS / SHOWING A BUYERS MARKET
I AM LOOKING TO ADD POSITIONS AROUND $1.65 - $2.00
$8.86 WAS THE TARGET ACHIEVED FROM PANDEMIC PRICES / 1,000% BANGER!
A BREAK BELOW PENNANT WOULD RESULT IN A SELLOFF TO CREATE A MASSIVE...
If I wasn't a mongoose I would research how this set up was even made possible with so many stock dilutions by this company. Regardless... just imagine for a minute a world where the bulls turn this market completely upside down and short squeeze billions of dollars out of dumb money. One prime candidate is VISL, according to the charts it could spike back up to...
Will we finally see VISL break up and out of this channel? It's been a relatively consistent area of support/resistance. With several potential catalysts to consider here (5G, general broadcast, telecom, esports) it will be interesting to see if these tailwinds act as a stronger catalyst.
"While it will likely focus on some as it relates to 5G penny stocks,...
Longs triggered at green line already but still look good if it comes back down below green. Stops below white line, targets above green. THIS IS NOT FINANCIAL ADVICE, THIS IS RECORD KEEPING ONLY. DO NOT BLINDLY FOLLOW THIS TRADE.
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...