VGX is currently showing signs of a bullish divergence at the lower band of its ongoing downtrend. On the 1W timeframe, both RSI and MACD are indicating a shift in momentum toward buyers, even as the price continues to print lower lows.
The price has repeatedly tested a key support zone and is now showing potential for a short-term reversal.
If confirmed by volume and a break above immediate resistance, this divergence could lead to a strong upward move.
🎯 Target: $4
🛑 Stop Loss: Below the lower band of the current structure
Not financial advice – trade safe and manage your risk.
The price has repeatedly tested a key support zone and is now showing potential for a short-term reversal.
If confirmed by volume and a break above immediate resistance, this divergence could lead to a strong upward move.
🎯 Target: $4
🛑 Stop Loss: Below the lower band of the current structure
Not financial advice – trade safe and manage your risk.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.