Great time frame for the chart. If we can close
Post# of 3844
Great time frame for the chart. If we can close above the 50 percent point of yesterday's action on nice volume today, then we get a "Piercing Pattern." This is a very powerful candle that has an extremely high probability of positive follow through on subsequent trading days.
MMs signaled 032 as a bottom with their first trade today (100 at 032). The only way we break down through that is if retail loses their mind and tosses to much at the bid (LOL). Otherwise I simply do not think VFIN has that much. If they did, they would be a lot more aggressive than they have so far. Time will tell...always does.