vcm11

vcm11

This penny stock every time it touches the 50ma weekly timeframe it bounces. It has bounced over 7 or 8 times with one being a false drop below it over the course of 2 years. For me the buying area will be 4p-4.05p if it lands.

vcm11

major price congestion at 786 fibs and a little lower so make sure you get those stop losses in. Nothing is guaranteed but will keep my eye on it. ADX indicator lost trend movement at moment.

vcm11

Bullish divergence happening on RSI & CCI I believe this was the last wave we needed before we go on another bounce, wether it will break the sideways trend is another story. Don't forget stop losses!

vcm11 Updated 

Always let the price come to you. Been keen in NCCL for a while now but I don't buy at the top or with no potential buying pattern opportunity regardless of the fundamentals of the company. I had that buy area before placing RNS arrived. Going to wait for it to settle and go in when time is right.

vcm11 Updated 

50% fibs being defended. RSI still strong BB's getting tight Either the 200ma gets closer and we could be in for a bounce or we break the 50ma soon. All the MA getting close to each other. Watch for entry.

vcm11

the fib level 61.8 seems to be holding quite well and 200ma approaching plus we got 2 different resistance areas - look left - but personally I would wait till it settles and opportunity comes when CCI / MACD crosses towards the upside as I feel this dip might not be the only one.

vcm11

Unfortunately we didn't manage to hold the fib level and break out of trend. I will be watching for re-entry at a lower level if it lands at 1.07p (happy to be wrong)

vcm11

200ma always provides good support with other indicators then it becomes stronger. it bounced previously off the 0.786 fibs and staying nicely above the 200ma for a while.

vcm11

Looking at the 0.50 fibs from last retracement for a target but it needs to close above the 20ma so if BTC behaves itself we might see a nice run.

vcm11 Updated 

Waiting for next swing, so far it's looking really good for a run towards 14.9p resistance and hoping to break with the right news. Holding from 10.8p 2nd entry.

vcm11

If we continue to hold the below trend I can see BTC moving back up. we had many flash crashes and some are just before another bull run as you can see on the chart in April. 3rd time lucky to go over $7.8k is a possability.

vcm11

Keeping a close watch for a trade here. DI will signal a reverse.

vcm11 Updated 

Golden cross 20ma - 50ma and a higher high & higher low set. Trend reversed. Very bullish.

vcm11

Description all on the chart looking at fibs levels for entry.

vcm11

the chart shows that TA works. It is a fact. If fundamentals are in place then even better. and as you can see good companies have great trends. retrace at 78.6% retrace to 50% retrace to 61.8% retrace to 78.6% Nothing goes up in a straight line. retracement brings new traders and investors, builds more interest in the company. Keep you stop losses regardless...

vcm11

Like the chart setup and will wait for that fib level before jumping in.

vcm11

20ma 0.236 fibs from highs to lows as resistance Let's see at end of day if we break this trend or fall back to a double bottom or last wave. Still bullish for a bigger move coming. we are having more bullish day candles lately.

vcm11

I have topped up on my trade as it is touching the 200ma and sitting on 0.786 fibs - no brainer. I believe this trade will trigger many filter lists across traders soon.