VISL
$VISLNo changes to the price of Vislink Technologies Inc. stock on the last weeks trading day (Friday, 24th Sep 2021).
During the day the stock fluctuated 7.41% from a day low at $1.89 to a day high of $2.03.
The price has risen in 4 of the last 10 days, but is still down by -3.02% for this period.
The stock is currently coming towards the end of its falling wedge so it might be a good time to keep your eyes on this one for a possible run.
MACD looks like it’s ready to curl
RSI flat.
Wait for confirmation.
Keep this on your watchlist.
- Factor Four
$VISL Extremely Undervalued w/ Triple Digit Upside Potential 📈Vislink Technologies, Inc (NASDAQ: $VISL) engages in designs, develops, and delivers wireless communications solutions in North and South America, Europe, Asia, and internationally. It offers live production products and solutions, such as high-definition communication links that reliably capture, transmit, and manage live event footage; a range of high-margin wireless camera transmitter and receiver products; HCAM, a 4K Ultra HD-capable on-camera wireless system; MicroLite 3, a compact wireless HD transmitter; IMTDragonFly, an ultra-compact HD solution; Quantum, an ultra-low latency and waveform agnostic central receiver; and ultra-compact onboard solutions. The company also offers miniature transmitters and handheld receivers, such as HHT3 and Mobile Commander for tactical surveillance; airborne video downlink system, a comprehensive aerial-based video transmission solution that delivers real-time surveillance to enhance law enforcement, emergency, and critical infrastructure operations; and MSAT, a portable tri-band satellite antenna system, as well as DVE5100 encoder and IRD6200 decoder electronics units. It serves live production, military and government, and satellite communications sectors. The company was formerly known as xG Technology, Inc. and changed its name to Vislink Technologies, Inc. in February 2019. Vislink Technologies, Inc. was incorporated in 2002 and is headquartered in Hackettstown, New Jersey.
What's the Russell 2000 telling us ?
Hi there. Beginning trader and technical analyst who received my education from TRi school of trader development. *My charts are not financial and/or trade advice and are posted for entertainment purposes.
Another day with head buried in charts. If there are any small cap, bottom hunters like me who have been in there hunting things that seem like they aren't going to stop going down or have finally found a bottom, then you may have been wondering when things might turn, and we begin seeing our portfolios going back up, and we can more aggressively hunt favorable long entries that show indication of stabilization and turning to add to our position.
Well if this chart is any indication I'm starting to think the time may be soon. I'm starting to see some double bottoms coming in on price and indicators, granted it is as the top of price action. It does look like price action has broken out of a potential Head and Shoulder Pattern and will be invalidated at the areas noted in chart.
Some fundamental considerations: Inflation fears particularly impact small caps and their cost in production. Possibly, there is a momentary pause on new money coming in from recent retail investors who have entered small cap positions in the past on the hype and Robinhood usability. Perhaps their retail money has been temporarily redirected to a more enthusiastic and euphoric crypto market? It will be interesting to keep an eye on the Russell to see if any sharp down turns-or more euphoria- in that space impact the 2000's trend.
Appreciate sharing of different perspectives on my analysis or sharing of your own. Thanks for stopping by.
Happy hunting.
RUSSELL:RUT
Very CRITICAL Time To Keep Eyes ON This One! (VISL)7-8 YEAR TREND CORRECTION / CREATING A MASSIVE FALLING WEDGE
PANDEMIC PRICE AROUND 70 CENTS / NOW MAJOR STRUCTURES ARE STARTING TO SETUP HIGHER LOWS / SHOWING A BUYERS MARKET
I AM LOOKING TO ADD POSITIONS AROUND $1.65 - $2.00
$8.86 WAS THE TARGET ACHIEVED FROM PANDEMIC PRICES / 1,000% BANGER!
A BREAK BELOW PENNANT WOULD RESULT IN A SELLOFF TO CREATE A MASSIVE DOUBLE BOTTOM AT ALL TIME LOWS.
MY VIEW IS A LONG TERM PLAY.
$VISL to 500kIf I wasn't a mongoose I would research how this set up was even made possible with so many stock dilutions by this company. Regardless... just imagine for a minute a world where the bulls turn this market completely upside down and short squeeze billions of dollars out of dumb money. One prime candidate is VISL, according to the charts it could spike back up to 500k??? Probably not likely but its worth buying a couple dollars... or if you're a sick person load up on some options.
GOOD LUCK.
VISL chillin in historic channel, where will it break?Will we finally see VISL break up and out of this channel? It's been a relatively consistent area of support/resistance. With several potential catalysts to consider here (5G, general broadcast, telecom, esports) it will be interesting to see if these tailwinds act as a stronger catalyst.
"While it will likely focus on some as it relates to 5G penny stocks, esports could be another facet to consider. If you sift through some of the company’s blog posts, you’ll notice that Vislink’s partner, NEP Sweden, covered the “BLAST Premier Spring Series” last year. This is an international esports event featuring the world’s top esports teams competing in the first-person shooter game series Counter-Strike...NEP filmed the event using Vislink’s HCAMs feeding into a ULRX-LD all controlled by Vislink’s FocalPoint Camera Control System. While no further esports-related updates have come about from the company, a surge in the excitement surrounding esports could be something to take note of."
Quote Source: Hot Penny Stocks To Buy Now? 4 To Watch After Roblox (RBLX) IPO
VISL - Structure at low end of range (300% potential upside)I like the look of VISL at this area.
Technical reasons for the trade:
→ Price structure at previous resistance flipped support
→ Healthy OBV
→ Confirmed bullish div - Histogram/ MACD
→ Many gaps left above during the June price drop
→ Weekly TD9
→ Not much volume traded above ~$2.64
→ Similar price action to related idea below
Safer traders are encouraged to wait until the POC @ $1.68 is cleared, buying the retest.
Good luck!
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If you size appropriately, you could get a 5:1 or greater rewardYes, VISL is a terrible company, but there is only so much lower it can go. It's extremely oversold. Tons of bag holders in the $6-8 range. Recent 1:6 reverse split. Look at the timing of previous reverse splits compared to a run up shortly after. The pre split guys will never break even again more than likely, but this is an excellent buying opportunity for a 5:1 reward/risk trade. Honestly, you could improve your ratio 10:1 or greater if you want to keep a tight stop. It will most certainly hit $4+ in the near future on even the slightest whiff of positive news. There is virtually no float and lots of people shorting it to oblivion.
VISL it go up or it go downAfter a massive run up yesterday 1/28/20 for roughly 25% it has retraced about 12% today. Looking at the chart it looks to be trading in this upward trending channel. With an avg buy in of $0.32 I'm keeping my eyes on this level close. If I were to take a guess I would lean towards this slipping back to the $0.30 area before making its next move up. Any thoughts or anything I'm missing?