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VET - Ready for takeoff, or DCB?
If I were trading off the Stochastic, it would be go time on VET. According to Stoch, VET is coming out of an oversold condition.
While the MACD appears to be moving toward the same decision, it has not confirmed that selling is over.
Bollinger Bands have VET moving away from the lower band, but we could see VET just returning to the SMA, currently at .16, and then returning to a downward move.
At this time, I'm just going to go with my gut instinct and add a little more at his level. I think VET below .10 is just too good of a deal to pass up.
While the MACD appears to be moving toward the same decision, it has not confirmed that selling is over.
Bollinger Bands have VET moving away from the lower band, but we could see VET just returning to the SMA, currently at .16, and then returning to a downward move.
At this time, I'm just going to go with my gut instinct and add a little more at his level. I think VET below .10 is just too good of a deal to pass up.
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