yes, a CR will generally interrupt an uptrend - not always for growth stock, particularly if they are way over subscribed as it’s an indication of demand. We also didn’t drop a huge amount below $1.30, so it looks pretty solid.
there is a cup & handle pattern there now - albeit a very V shaped cup. Normally associated with a upside breakout.
there was support at $1.80 before COVID hit, but $1.50 short term will be a test.
VHT Price at posting:
$1.33 Sentiment: Buy Disclosure: Held