Entry conditions:
(i) higher share price for
VEA along with swing up of indicators such as DMI/RSI.
Depending on risk tolerance, the stop loss for the trade would be:
(i) below the recent swing low of $1.975 (10th March), or
(ii) below the rising VWAP on the daily chart (currently $1.945).
(i) higher share price for
VEA along with swing up of indicators such as DMI/RSI.Depending on risk tolerance, the stop loss for the trade would be:
(i) below the recent swing low of $1.975 (10th March), or
(ii) below the rising VWAP on the daily chart (currently $1.945).
Trade ativo
UPDATE (week ending 13-Mar): Trade activated with a decent bounce off 200 day MA in accordance with entry conditions noted above, as shown in chart above.Nota
UPDATE (week ending 20-Mar): Following another test of the 200 day MA at the beginning of the week, the share price for VEA accumulated rather rapidly on Thursday and Friday, testing prior levels not seen since November 2024, offering opportunities to take a small piece off the table and raise profitable stops to a level of comfort, depending on risk tolerance. According to the charts, the share price is currently testing the previous low before the gap-down on 24th February 2025 ($2.38), whilst two important 4 hourly support levels exist below at $2.30 (8th July 2025) and $2.19 (11th December 2025). Congratulations on a terrific trade - risk management is now the key!Nota
UPDATE (week ending 27-Mar): A successful test of former 4 hourly support levels was observed on the daily chart during the trading week, with a new swing low formed on 24th March, with charts suggesting raising profitable stops to a level just beneath this swing low of $2.32. Observe market reactions to potential overhead 4 hourly resistance levels at $2.54 (from 20th March), $2.66 (from 20th November 2024) and $2.72 (from 27th November 2024) in the short term. Congratulations on a terrific trade so far!Nota
UPDATE (week ending 02-Apr): Higher highs and higher lows were formed on the daily chart through the recent trading week, with a new swing low formed on 1st April, with charts suggesting raising profitable stops to a level just beneath this swing low of $2.46 (to say, $2.44). Continue to maintain market reactions to remaining potential overhead 4 hourly resistance levels at $2.66 (from 20th November 2024) and $2.72 (from 27th November 2024) in the short term. Congratulations on a terrific trade so far!Trade fechado: stop atingido
UPDATE (week ending 10-Apr): Depending on level of conservatism of the trader, and whether any small pieces of the trade were taken out for profit previously for risk management purposes (as discussed in notes above), traders and investors may wish to take the caution expressed by the charts under advisement by the triggering of the profitable stop on Wednesday of this week, even though market reaction to this level was quite good. A terrific trade, regardless, all a matter of good risk management - congratulations! Coverage ceased.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.