Going through charts and saw VDRM made a new Lower
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Posted On: 08/09/2017 9:24:26 PM
Going through charts and saw VDRM made a new Lower low on increasing volume. We discussed it a couple of weeks ago using .012 as a stop. It's now breaking through a large descending triangle to the downside,I would be very cautious here. It's tradeable,but I do not like the idea of holding a bag on it and hoping for it to come back, especially if you are in up above the falling 50ma daily. Trade your own style of course, Just my 2 cents (again) 
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The fruits of your success will be in direct ratio to the honesty and sincerity of your own effort in keeping your own records, doing your own thinking and reaching your own conclusions - Jesse Livermore
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