Something's Got To Break
VXRT is at support currently after multiple earnings calls showing improvements in company funding and positioning.
It is currently touching lows in a range of .52-.58 for the 6th time this year, if it is unable to break support again I personally believe this will break to the upside back over $1.
In the event it does breakdown below .50 (which can very well happen), I'll look for a good bounce off .40 or .25 before buying back in, depends how violent the drop is.
It is currently touching lows in a range of .52-.58 for the 6th time this year, if it is unable to break support again I personally believe this will break to the upside back over $1.
In the event it does breakdown below .50 (which can very well happen), I'll look for a good bounce off .40 or .25 before buying back in, depends how violent the drop is.
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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.