VTSI upside vs downside risk favorable after recent breakoutVTSI has moved up nicely during these past couple of days when the stock market corrected. The upside for VTSI is considerable since it is in a bullish Elliott 3rd wave. The downside is that gap at $5.07. With such a small downside risk, this is a good entry point.
I'm not sure if anyone's following this as I didn't get any interest on my last post for VTSI (see Related Ideas) so this might be my last post on VTSI. Sure, it's not as exciting as crypto, but money is money.
VTSI
VTSI breaking out after multi-week sideways consolidationI mostly publish ideas related to cryptos, but VTSI has repeated Elliott Wave patterns at multiple degrees. As you can see on this weekly chart, VTSI gapped up breaking out of several weeks long flag and has remained strong throughout the day. I'm always a fan of the third wave as it's usually the most powerful, and that looks to be happening right here.