Nov 9th : Market Report on Vivocom. Close $1.02 volume 20.3 million.
Today volume low compared to last Friday. PVA indicates it is presently in a very healthy consolidation phase.
30 min chart showed wave 3 formation is in progress , it confirms that once daily trade hits above $1.10 with volumes and hold, this will end the consolidation, and hence begins wave 3/5/3/3. which have 4 consecutives impulse wave upwards.
I anticipate price will trade sideway and steadily but surely creep up during the next few trading sessions.
The price will resume a most aggressive rally once it trades above $1.19.
In daily charting, it shows when the moment the share price cross above $1.19 with volumes, it is an indication of strength withs powerful waves continuing to drive the price soaring & heading to an all time target high of $1.57 (261.5% extension of wave 1 ).
The signals are very clearly showing the above formation occurring and emerging. As to when only time will tell. Can expect to be sooner rather than later.
Happy Trading.
Today volume low compared to last Friday. PVA indicates it is presently in a very healthy consolidation phase.
30 min chart showed wave 3 formation is in progress , it confirms that once daily trade hits above $1.10 with volumes and hold, this will end the consolidation, and hence begins wave 3/5/3/3. which have 4 consecutives impulse wave upwards.
I anticipate price will trade sideway and steadily but surely creep up during the next few trading sessions.
The price will resume a most aggressive rally once it trades above $1.19.
In daily charting, it shows when the moment the share price cross above $1.19 with volumes, it is an indication of strength withs powerful waves continuing to drive the price soaring & heading to an all time target high of $1.57 (261.5% extension of wave 1 ).
The signals are very clearly showing the above formation occurring and emerging. As to when only time will tell. Can expect to be sooner rather than later.
Happy Trading.
IOnce T3 all clear. After Wed correction ends the stage would hv been set up for a powerful spike.
I believed it is a best time to collect for me is today n tmrw at base before new direction.
Once frenzy starts, super fast n furious you cannot even smell the farts 😄👍🏼
Nov 10th : Morning Session Vivocom closed $1.06 volume 17.37m.
The followings are the key points I would like to share and highlight:
1) Extremely strong support at $1.00, to this level is impenetrable
2) Last 2 days 4 trading sessions already proven, a new baseline of support was confident set by traders and investors, if any price weakness toward $1.00, I strongly believed it will have massive buyers rushing in.
3) Bullish volume came in @ 10am, total 9 million share buying up from $1.01 till 1.08 within 30 min, such strong buying was acclear signal for me that wave 3 has started and will be validated & confirmed after price cross $1.10.
4) I am looking forward to the price testing a new high of $1.10 and I am confident it will cross this price level in very near term.
5) My optimism of breaking the new high $1.10 is evidenced by the 15 minute chart (picture 1) cup and handler formation and it is setting to break $1.10.
6) The moment the price crosses over $1.10, it is basically declaring that the correction is officially over. 7) This sets the stage for impulse wave 3/5/3/3 to resume(Picture 2).
8) In short, my daily wave 3 target of $1.57 is still intact {261.5% extension of wave 1 } and it will most likely change if a good and bullish internal wave structure were constructed ( Picture 3).
To sum up, VIVOCOM has turned BULLISH yet again heading toward $1.10 to $1.57, if all current waves are maintained.
Happy Trading. May the FORCE be with you!!!
The followings are the key points I would like to share and highlight:
1) Extremely strong support at $1.00, to this level is impenetrable
2) Last 2 days 4 trading sessions already proven, a new baseline of support was confident set by traders and investors, if any price weakness toward $1.00, I strongly believed it will have massive buyers rushing in.
3) Bullish volume came in @ 10am, total 9 million share buying up from $1.01 till 1.08 within 30 min, such strong buying was acclear signal for me that wave 3 has started and will be validated & confirmed after price cross $1.10.
4) I am looking forward to the price testing a new high of $1.10 and I am confident it will cross this price level in very near term.
5) My optimism of breaking the new high $1.10 is evidenced by the 15 minute chart (picture 1) cup and handler formation and it is setting to break $1.10.
6) The moment the price crosses over $1.10, it is basically declaring that the correction is officially over. 7) This sets the stage for impulse wave 3/5/3/3 to resume(Picture 2).
8) In short, my daily wave 3 target of $1.57 is still intact {261.5% extension of wave 1 } and it will most likely change if a good and bullish internal wave structure were constructed ( Picture 3).
To sum up, VIVOCOM has turned BULLISH yet again heading toward $1.10 to $1.57, if all current waves are maintained.
Happy Trading. May the FORCE be with you!!!