Nov 10th : Market Report on Vivocom. Close $1.19 volume 64.7 m
Vivocom’s performance today was both spectacular & breathtaking. What a show, wow!
Here are the highlights:-
1) Cup and handler price breakout $1.10 right after afternoon session when market resumed with volume 15.4 million, was the trigger to traders/investors, that the healthy correction from last Friday has officially ended. Hence the power rally has begun with prices soaring convincingly with strength & conviction.
2) New support ZONE had been established & marked by bullish traders and investors alike at $1.15, any weakness toward this level would drive in massive investors/traders buying interest.
3) Immediate support level( VSA) now pegged at $1.17, would also invite aggressive traders buying interest.
4) New wave 3 was formed on 15 min chart right after price closed on Monday high at $1.09, now we have 5 consecutive bullish impulse Waves clearly constructed, which were lending confidence of 3/3/5/3/3, indicating that the next immediate target $1.57 will be reached soon (Picture 1).
6) The 15min chart has also displayed a very bullish Price volume correlation, the last 15 min closing candle showed substantial volume 12.8M buy-up from $1.14 to $1.20, this to me signalled that tomorrow Vivocom may have run away gap during opening(picture 2).
7) My daily wave 3 target of $1.57 is still intact {261.5% extension of wave 1 } and it will most likely change to $2.30 {423.6% extension of wave 1 } as I start to see more and more formidable and powerful bullish internal waves structure being formed and clearly starting to take hold.
To conclude, I can state with a high degree of certainty that tomorrow we will see another more spectacular & breathtaking performance from Vivocom than today, heading towards $1.57 to $2.30.
Once again Happy Exciting Trading. May the FULL FORCE be with you all tomorrow.
Vivocom’s performance today was both spectacular & breathtaking. What a show, wow!
Here are the highlights:-
1) Cup and handler price breakout $1.10 right after afternoon session when market resumed with volume 15.4 million, was the trigger to traders/investors, that the healthy correction from last Friday has officially ended. Hence the power rally has begun with prices soaring convincingly with strength & conviction.
2) New support ZONE had been established & marked by bullish traders and investors alike at $1.15, any weakness toward this level would drive in massive investors/traders buying interest.
3) Immediate support level( VSA) now pegged at $1.17, would also invite aggressive traders buying interest.
4) New wave 3 was formed on 15 min chart right after price closed on Monday high at $1.09, now we have 5 consecutive bullish impulse Waves clearly constructed, which were lending confidence of 3/3/5/3/3, indicating that the next immediate target $1.57 will be reached soon (Picture 1).
6) The 15min chart has also displayed a very bullish Price volume correlation, the last 15 min closing candle showed substantial volume 12.8M buy-up from $1.14 to $1.20, this to me signalled that tomorrow Vivocom may have run away gap during opening(picture 2).
7) My daily wave 3 target of $1.57 is still intact {261.5% extension of wave 1 } and it will most likely change to $2.30 {423.6% extension of wave 1 } as I start to see more and more formidable and powerful bullish internal waves structure being formed and clearly starting to take hold.
To conclude, I can state with a high degree of certainty that tomorrow we will see another more spectacular & breathtaking performance from Vivocom than today, heading towards $1.57 to $2.30.
Once again Happy Exciting Trading. May the FULL FORCE be with you all tomorrow.