VivoPower International PLC, together with its subsidiaries, operates as a sustainable energy solutions company in Australia, Canada, the Netherlands, the United Kingdom, the United States, and the United Arab Emirates. It operates through Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, and Solar Development segments. The Critical Power...
VVPR appears to be developing a cup and handle dating back to October. We are missing the handle, though. This may be a brief pullback leading to a run up. Measurements for the cup are on the chart at approximately $7 from the top. On watch for a handle to develop or break out of the cup.
Volume was something to mention. The volume on the Weds run up was 16.5...
Held support which coincided with the 50 SMA. Biden looks to be the favorite to win the election which is a huge plus for solar stocks. Clear stop-loss below 5.50. This stock can move as past chart history shows.
Hello !
Key points :
Pullback after over-extension
Fading volume, downtrend losing steam
Engulfing on higher volume
Wide-range candles defining a strong upward movement
I like pointing out the fact that stocks hold on to certain historical support zones. Traders and investors tend to remember them well, as you can see below :
The general trend is...
VivoPower International Plc engages in the development, procurement, and construction of small and medium scale solar and selected solar asset ownership and maintenance. It operates through the following segments: Critical Power Services, Solar Development, and Corporate Office. The Critical Power Services segment focuses on the design, supply, installation, and...
$VVPR is looking like a good LONG setup due to the Vary HIGH volume and Decent Demand of the float!
Volume average 20k
over NOW volume 6mill vary good stats.!
