Until the market VOWD trading between MONSTER GAP of 143.55 & 160.20 (sep`15) again traders have still to overcome only one hurdle. The MINI GAP between 141.40 & 142.45 (which was created between last trading day `15 & first trading day `16) & 1st Quartal`16 high (139.35).
All in all VOWD got a flat year 2016! And therefore have a argusauge on the downside, that the breakout confirms :) Yesterday moday close was 139.55 VOWD
139.35 1st Quarter`16 high
137.50 3rd Quarter`16 high
136.60 4th Quarter`16 high (before breakout)
134.25 & 133.35 little JULY GAP
1133.50 & 132.75 little NOVEMBER GAP
132.55 & 129.45 little JUNE GAP
130.70129.40 little JUNE GAP
need to be defend - to get enough power - to rise into MONSTER GAP back again (while 1st quarter`17).
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart)
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