Potential long buying opportunity on Vys. Fourth push up looking to breakout of the wedge consolidation pattern, short term Ema all converging and volume starting to increase into what should hopefully be a strong 2h earnings report. There has been strong buying from its recent low of 0.34c qll the way up to 0.48c and holding at 0.45c. RSI sitting at around 50 has it sitting currently neutral if it starts to pick up hopefully that will confirm the breakout. Buying at 0.45c with a stop loss at 0.42c with a target of 0.52c offers a 3:1 risk reward.
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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.