After VGX filed bancrupcy in 2022 new team in charge of VGX right now and new opportunity.
RSI has strong bullish divergence on 1W timeframe.
Since 2017 VGX formed massive falling wedge.
1st thing VGX must reclaim is level 50 on RSI - strong resistance that held price in a downtrend since 2022.
Target 1 could be 0.618 fib lvl which is 10k% higher.
Target 2 could be new ATH or at least previous highs 5$+ (0.886 fib lvl). Gains could be insane at those levels.
Good luck!
RSI has strong bullish divergence on 1W timeframe.
Since 2017 VGX formed massive falling wedge.
1st thing VGX must reclaim is level 50 on RSI - strong resistance that held price in a downtrend since 2022.
Target 1 could be 0.618 fib lvl which is 10k% higher.
Target 2 could be new ATH or at least previous highs 5$+ (0.886 fib lvl). Gains could be insane at those levels.
Good luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.