I a stock on this week's watch list if you look back at the last 4 downward channels you will see they reverse hard and leave big candles. I would watch for this again for an entry. This Friday candle also qualifies for a reversal in that we took out the lows and closed in the upper portion of the candle. Co-Best Bet with VZ
This looks like a nice divergence, I am holding 400 NIB @ 26.02 and might add on the trigger of the buy alert. I consider this a Higher risk entry as it is trading at its lows and I have traded this once before. But the Divergence is a powerful indicator. Very Similar to JO
Great setup for a longer term position stop under previous low the key here in My opinion is the volume spike a few days ago combined with a divergence. We are in $JO which is almost identical to this chart
VFC is now $64.01 and has entered the target price zone.If you took this trade our system indicates you should consider taking profits in this price area. Review the trade on the HPS section of DayTradingRadio.com for the details of this trade setup. You should, as always, perform due diligence before taking any trades.