adding to my watchlist, Trend broke based on Dow theory
Several patterns give VTNR a long signal. Aroon is setup for bullish reversal from recent bearish trend Price is at channel bottom resistance Price near horizontal resistance 1.29-1.37 RSI undersold.
Tech Analysis
Short Percent of Float 10.41 %
must break past the yellow box... if goes below 2.98, first stop is 2.43 area and then 1.32 area...
After a monstrous 160% increase in the last quarter, price reached 2,618 fib. No need to chase here, even after the run was backed by super volume. Last week's bearish wick almost erased, but the volume was 1/3 less. Nice base areas little above 7 and little lower than 6$ in the daily chart, may provide an entry if intraday or day PA show buying pressure. Long...