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NYSE:VSH Possible Scenario: LONG Evidence: Price Action TP1: ~21.90 This is my idea and could be wrong 100%
Hello traders, VISHAY INTERTECHNOLOGY is in a bearish fake dynamic with high volume traded and panic then slowdown on the part of buyers. The TIMEFRAME M1 we notice a hammer candle shape accompanied by a buying shadow with a high volume of past sales. It goes in the direction of the last lowest and make a reversal to integrate the comfort zone to fit on the VWAP....
NYSE:VSH is bouncing on support zone. RSI, MACD and Stochastic RSI are in oversold area. Bullish trend reversal hammer candle formed already. Entry strategy: wait a bullish candle which cross above 21.60. If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE! Thank you for your support and...
Entry- $22.20 Stop loss- $20.90 daily close Target - $25.80 this is a risky trade only for PRO trade ;)