VMT 4.17% 12.5¢ vmoto limited

Mmmm VMT looking interesting. The (Weekly) Chart: 1) Confirmed...

  1. 1,867 Posts.
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    Mmmm VMT looking interesting.

    The (Weekly) Chart:
    1) Confirmed double bottom from way back (blue arrows)
    2) Confirmed Pivot point reversal bar (Green up bar followed the last red bottoming bar with 2 up bar follow through).
    3) Confirmed break of a valid weekly DT/line.
    4) Sellers look exhausted given the offer side of the book is very thin but I'm sure the disgruntled will appear from under the bed should the SP start moving.
    * Upper resistance levels as marked & there's also a Gap to be filled at 19.5c which IMO will be filled at some point.



    But....... if NVIDIA upsets later tonight we may all be in for some pain regardless of what we hold.

    Best all
    MR

    VMT 22-5-24.png
 
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