Bullish potential detected for VCX

8 sept 2024

Entry conditions:
(i) higher share price for VCX along with swing up of indicators such as DMI/RSI.

Stop loss for the trade would be:
(i) below the support level from the open of 28th August (i.e.: below $2.16), or
(ii) below the support level from the open of 1st August (i.e.: below $2.11), depending on risk tolerance.

8 sept 2024

Operación activa

UPDATE (week ending 06-Sep): Trade activated 5th September with share price closing above both 10 and 30 day MA's at the end of the trading week.

15 sept 2024

Operación activa

UPDATE (week ending 13-Sep): Share price closed above both 10 and 30 day MA's again at the end of the trading week.

24 sept 2024

Operación activa

UPDATE (week ending 20-Sep): Share price progressed well at the beginning of the week, however Friday's action was quite concerning, forcing the share price to close beneath the 10 day MA at the end of the trading week.

4 oct 2024

Operación activa

UPDATE (week ending 27-Sep): Share price closed between 10 and 30 day MA's at the end of the trading week. Observe market reaction to the prior support/resistance area of $2.26 from the open of 21st August.

11 oct 2024

Operación activa

UPDATE (week ending 04-Oct): Share price closed below 10 and 30 day MA's at the end of the trading week. Suggest closing out any remaining positions if this low is breached and support of $2.26 doesn't hold (especially noting volume spike 30-Sep).

20 oct 2024

Operación activa

UPDATE (week ending 11-Oct): Share price continues to track along the support/resistance area, as well as the 10 and 30 day MA's - caution from last week remains regarding the support/resistance area.

20 oct 2024

Operación cerrada: precio stop alcanzado

UPDATE (week ending 18-Oct): Share price has now firmly closed beneath the support/resistance area of $2.26, suggesting a close out of remaining positions (remove from watchlist).