Verge Trade Analysis

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Indicators on the daily chart show Verge is poised to test a new breakout to higher highs. The MACD is wanting to cross over with the RSI already showing signs of a change towards the upside. The Stoch RSI last at these heights while ascending was at 300+ sats which we subsequently rose above 1400 sats. While a complete trend reversal will be confirmed after finishing our current correction and competing another 5 waves up, those 5 ways have the potential to take us to highs not seen since December or even higher.

Penafian

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