$VVV Cooling after registering peaks, it is still elevated by more than 2% for the day.
Buyers control the trading movement, and the trend structure remains intact.
Trade setup:
Entry: $16.20 – $16.60
Target: $17.17 – $17.84
Stop loss: $15.42
Technical note: A sharp surge/jump from $13.882 broke above resistance $15.427 on strong trading volume, and touched the highest level at $17.844 before pulling back. Hold above $16.48 while the structure remains intact. The bulls need a clear close above the top in order to extend the uptrend wave.
Let’s go and trade now $VVV
Buyers control the trading movement, and the trend structure remains intact.
Trade setup:
Entry: $16.20 – $16.60
Target: $17.17 – $17.84
Stop loss: $15.42
Technical note: A sharp surge/jump from $13.882 broke above resistance $15.427 on strong trading volume, and touched the highest level at $17.844 before pulling back. Hold above $16.48 while the structure remains intact. The bulls need a clear close above the top in order to extend the uptrend wave.
Let’s go and trade now $VVV