VTX 0.00% 8.2¢ vertex minerals limited

Charting VTX, page-39

  1. 2,145 Posts.
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    IMO

    Person who claimed support broke earlier needed to wait for the candle to close, does has potential to go further down but there is alot happening in the current area atm and may be too early to make that assumption.

    What I liked most in past few days is that .49 support area held nicely for each End Of Day on close, despite being slapped and tested at numerous times.

    Great way to finish the day today with gap filled  and brought us back to  support line.

    Cute little hammer formed which  could possibly indicate short term reversal , need to watch next few candles.

    Obviously too early to identify if downtrend is over but I may expect immediate relief in next few days days if demand runs and supports hold.

    Goodluck all
 
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