This is nicely shaping up to go parabolic soon. It could double from here. If it goes below 51 then its more bearish than bullish. It may stay above 52. Happy trading !!
Resistance at 123.50 Support at 109.50 Big momentum today after earnings report, I expect a small pullback in the days to come, which could serve as an entry point, before moving on up. Gross margins sitting at 20% which is quite attractive.
Tickers VIDA (Canada) and PHVAF (USA) have been in trouble for a bit. Tons of failed descending wedge breakouts over this last year, which was an inherently bearish sign during a bull run. I think with global supply chain gluts and the corona-virus threats we will see this descending triangle break down to near few penny's, specifically $0.02 or less. On the rare...