After a good breakout with big candle and big volume, VIS is now on a pullback. Judging from its volume and price action, its not in healthy pullback. Should its continue its minor bearish trend, few immediate supports are 0.625//0.600. Strong Resistance area is observed at 0.730-0.760. Succeeding in breaking this resistance area, next Resistance is 0.890 and its all-time-high is not far away at 0.985. Could it go all the way?
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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.