Pushing into a Point Plan BThesis:
-Top of Channel
-Inside Distribution Zone
-After a sizable markup
-LowCap Stock
GNG: 24h
-Breaks support
-2 Entry Short
...
VLERF trade ideas
Pushed into a point!Thesis:
-Upward to a channel or possible break
-Markup phase several months
-Good earnings
-Testing and rejected sup
GO no Go: 5m
-2 entry
-signal bar
...
VLE LongWatching for a 15 min pullback on this one. Held the 236 well, MA's are flipping. Lots of room to run.
TSX:VLE HyperwaveTSX:VLE
Is TSX:VLE in a Hyperwave?
Can we expect to see sub $1.00?
Is my red Phase 1 line correct?
Will we hit $.70 or even $0.50?
VLE.TO Descending TriangleTSX:VLE
Downtrend
Declining Moving Averages.
Below a declining 200 DMA.
Descending triangle
Long positions should be on a short timeframe.
VLE bull break on increasing volume, perfect backtest of supportWatching VLE for continuation after a key bullbreak on Thursday and Friday held a beautiful backtest of former resistance, now support. Watching for signs of momentum and looking for a +10% move on this multi day trade
VLE.TO attempting breakout of daily descending channelCanadian energy sector has been hit hard as of late, and VLE.TO has been no exception as it continues to trend downward in a channel. A beauty of an equilibrium is currently playing out on the daily chart right now new the top of that channel. A bear break will have us retest the lower limits, and a bull break on big volume will be a notable shift in momentum for the first time in months.
