VLE bull break on increasing volume, perfect backtest of support

Name: VLE bull break on increasing volume, perfect backtest of support
Uploaded: 2019-01-26T16:49:42.362539
Channel: McGuireTO
Description: Watching 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

VALEURA ENERGY INC (TSX:VLE)

Updated

TSX:VLE VALEURA ENERGY INC

Trend Analysis Chart Patterns Support and Resistance

trendanalysis chartpattern supportandresistance

Watching 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

Comment:

Disappointed with this stock, huge gap up to just below resistance ruined the setup, and massive profit taking has brought it down far too much for me to be interested in bottom fishing

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