VR1 trade ideas
VR1NEWS CAT
30 Jun - Good sales update min TCV of $19mil cash in bank.
Lower volume play so caution is key here. Not my fav setup as the candles are not full and kinda gappy which kinda indicates its thinly traded.
Option A or Option B..
The trigger is a breakl of falling resistance line and confluence is the stock getting back above vwap, 10 day ema on 5min chart also a reclaim of the "RL" range low marked on the chart.
It could also fall to crap but im not interest until we break falling res.
trade safe..
VR1 - Cup n Handle Pattern FormingVection Technologies (asx.vr1) - XR/VR/AR
Cup and Handle Pattern forming, the price target is taken from the depth of the cup and added from the top neckline of the cup. Price target shy of the all-time high back in October 2020. Watch for the break above 11.5c for confirmation.
VR1:ASX - VECTION TECHNOLOGIES - Running on Facebook entry.Vection is having a nice run further enhanced by its recent entry into the Facebook Oculus Independent Software Vendor (ISV) program and the launch of their Mindesk 2020 product. Current demand for the stock seems to be there with 414 buyers for 19,664,418 units vs 113 sellers for 6,663,548 units. Could be worth a watch.