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gillyblore

VUKE Daily - Breaking higher but testing NB lateral resistance

VANGUARD FUNDS PLC VANGUARD FTSE 100 UCITS ETF (LSE:VUKE)  
gillyblore Updated   
LSE:VUKE   VANGUARD FUNDS PLC VANGUARD FTSE 100 UCITS ETF
Chart Patterns VUKE ETF vanguard FTSE 100 Index ftse100 isa SIPP mediumterm swingtrading
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chartpattern vuke etf vanguard ukx ftse100 isa sipp mediumterm swingtrading
I started scaling back in and increasing my weighting around 29 (green box) in the hope we would get the break higher we seeing now. Yesterday we saw the VHYL ETF be the first to break higher and VUKE appears to be following suit. Red lateral resistance is quite significant and I wouldn't be too surprised to see the ETF pause a bit at this level, consolidate, before powering higher. I have been adding and trimming continuously to this position (see comments on prior chart). I am happy to take profit on 25% of my holding here (given the resistance), and will look to re-add
Comment:
Buying back plus more
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