03.06.2025 / 
VG #VG
Fundamentals. Earnings report did not meet expectations.
Technical analysis.
Daily chart: Downtrend. All-time low.
Premarket: Gap Down on increased volume. We mark the premarket level of 11.40.
Trading session: The impulse from the opening was stopped at 10.15, after that we observe the pullback and breakout the level of 11.40. The price returned below the level after 10:15 a.m. and entered the trading range below the level. We are considering a short trade to continue the initial impulse in case of holding 11.40. Note the significant decrease in buy volumes after 10:15, which is an additional signal for a change in the balance of power between buyers and sellers.
Trading scenario: #pullback along the trend (#false breakout with retest) of level 11.40
Entry: 11.19 when exit down from the trading range below the level
Stop: 11.48 we hide it behind the high of the trading range
Exit: Close part of the position before level 10.15. Close the remaining part of the position at a price of 10.02 when the structure of the downward trend is broken.
Risk Rewards: 1/4
P.S. In order to understand the idea behind the Stock Of The Day analysis, read the following information.
VG #VGFundamentals. Earnings report did not meet expectations.
Technical analysis.
Daily chart: Downtrend. All-time low.
Premarket: Gap Down on increased volume. We mark the premarket level of 11.40.
Trading session: The impulse from the opening was stopped at 10.15, after that we observe the pullback and breakout the level of 11.40. The price returned below the level after 10:15 a.m. and entered the trading range below the level. We are considering a short trade to continue the initial impulse in case of holding 11.40. Note the significant decrease in buy volumes after 10:15, which is an additional signal for a change in the balance of power between buyers and sellers.
Trading scenario: #pullback along the trend (#false breakout with retest) of level 11.40
Entry: 11.19 when exit down from the trading range below the level
Stop: 11.48 we hide it behind the high of the trading range
Exit: Close part of the position before level 10.15. Close the remaining part of the position at a price of 10.02 when the structure of the downward trend is broken.
Risk Rewards: 1/4
P.S. In order to understand the idea behind the Stock Of The Day analysis, read the following information.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.