Thank you for your continued support!
Strategy: Price-Volume Analysis
Bias: Bullish . Vis was a hot stock traded since past month, price has been surged near to 80% from initial price.
It entered a pullback wave on the past 7 trading days. Yesterday the price dropped to 0.615 (fibo 0.382 zone), rebounded at the short term moving averages support zone , closed hammer .
VIS closed at 0.700 today at the psychology resistance.
If the volume and momentum maintained, SWC believes there will be a positive movement of share price in near term.
#Do take note that members from SWC private group took profit today when the share price went up. Congrats :)
#Chinese New Year is coming and market shall be less active.
#VIS has gone up quite a lot and kindly take care of the risk before the return.
R: 0.715, 0.730, 0.745
S: 0.660, 0.645
Kindly like and comment below! Happy Chinese New Year! :)