$VML.ax ASX 1Day chart$VML.ax a rare earths name, breaks out of down trend and setting for a new primary move, RSI shape is ideal, retest is complete, and feels ready, worth a look.
VML trade ideas
$VML trendline breaks, reasonably hi prob news coming$LYC is a monster leader, $VML is not! However with big momma RE so strong, and VML breaking that trendline, its a pretty reliable tell that news is inbound. Lets see.
Getting ready for a move?Price descending on decreasing volume
The resistance line at 0.057 has existed since 2010
The RSI has failed the uptrend and may descend to 39 before finding long term support.
Overall I am going to wait for price or RSI triggers before moving.
$VML got rejected by teh VWAP. Falling back to TL and cornerBIG DKN bullflag ther eguys. FUll dimensons the thick lines.
MIn bullflag there should wedge into the corner and pp in a few days. BUt e choppy on the way up, I reckon.
Vital Metals $VML #VML #ASX #REE Rare Earth PlayStarting to tighten, buyer strength growing.
Continuation in pattern following a break is what you want to see.
$VML Vitally importna twe don't miss the boatSo.. the dom gradient in this guys is tough to see.. had to go dow to the hourly to identifyu it. Think that's correct. ANd that means when she gets through teh dashed line, it should pop and not go back under it.
RSI70 looks nice and high.
bullflag exiting a bullflag.
VML - Trade PlanVML is a stock in the Rare Earth space and I expect it to propel higher. This stock could go up straight from the current level of $0.067 or pull back a bit towards the trendline support around $0.055. In any case, I am bullish VML and am looking forward in taking a buy position. Lets see how it develops.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
VML BreakoutPotential Bullish breakout on VML considering:
1. Rising volume
2. Oversold Stochastic Rsi
3. Trendline support
4. Upwards trending SMA
5. High MACD
6. Rising triangle
Trade Safe.
$VML - playing out beautifully #LONG #ASX Vital Metals #ASX.AXWave depiction of how this stock might behave and the share price move in the short term to medium term.
A clearance to 7.8c should see test of 52 week highs
Further news should provide the catalyst for a test of 10c
Medium term 12c - 15c is a possibility.
Theoretical prediction only, not financial advice. #dyor
$VML - on 200 Moving Average #ASX #REE #VML Vital Metals EOFY has seen relentless selling.
Bearish however depending on other indicators and market sentiment could see further weakening.
Holders are waiting on news of ore sorter and production, possible offtake arrangements.
Fundamentals have not changed. A medium to long term HOLD at least during this period of consolidation.
Rare Earths is a sector that will pick up so all hope is not lost. Recovery could be swift.
$VML great risk reward with a stop just under the weekly low.LYC is the leader in the space, and looks strong, but $VML is an advanced North American Junior which has been pummelled, badly. any pickup in sentiment and this should do well. The lift on volume makes this a good signal today for mine. Anything below 5c is a great risk reward proposition.
$VML one to watch imo #LONG #ASX Resistance at 6c then 7.8c
Positive news flow could be the catalyst to propel the price higher to test 7.8 then 9c
Volume contracting on price.
Watch for a hard break above 6c
ASX $VML #VML Vital Metals Limited - Momentum Swing Trade LONG Positive opening play with volume after the minor pullback last week. Expecting a push in price towards 7c and beyond.
Technical indicators are lining up, liking the look and shape of the move.
Will look to add to holding on a break above 6.5c as a multiple day breakout is a possibility.
Should grab the eye of traders, investors and institutions.
Fundamentally should do well as will be a producer in Q4 2021
Globally #REE picking up and
Capital Raise at 6.5c completed with $5m cash on hand
Further news should drive the stock price higher.
#DYOR Not financial advice.
$VML - short term volatility, letting it contract ASX:VML
Expecting sideways movement, volume and price contraction before it breaks to the upside.
$VML Primed for a move to 8c #asx Contracting, finding its base and support at 7c. Probable move up to 8c in the near term with a 10c target price.
$VML looking to go higher again #LONGMinor pull back saw a bit of churn taking place. Fridays close should carry momentum into next week. Look for the break above 7.5 Holders will be rewarded here.
$VML Vital Metals #stocktowatch #rareearths HOLD #ASXHad held above 6.6c whilst the overall market has puked itself. Some aggressive buying saw the price push upwards toward high 7s only to #pullback on profit taking. Day traders have flipped and retail got bagged but it seems pro's are onto this on a long term hold. Plenty to like from a technical perspective holding the line strongly where others have capitulated. Fundamentals are there too for all to research and read about. I see little downside momentum only for accumulation to occure before the price and volume return. Its an exciting high volume parabolic type stock that spikes seriously hard in a good market and with much anticipated news and further offtake will hit upwards of 10c towards a healthy double digit 20c.
$VMl its going up, but how high? 15?I have no idea what the size of the $MP resource is in Texas, but VML is not a $1B MC, no where near. Just sayin.
