OTCQB:VVCIF - Post by User
Comment by
GreenNmeon Jan 04, 2019 4:47pm
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Post# 29188314
RE:Charts looking great. Trying to keep a lid on it below .90
RE:Charts looking great. Trying to keep a lid on it below .90Dont let them fool you, lots of volume today but most of it was hidden in the different exchanges within the TSX like the NEO (which had over 340k volume in there alone), the ALPHA and CX2. First of all, if you dont know about these smaller "sub exchanges" within the TSX please read up on them as it's definitely one of the things you learn along the way in this sector. Moving on: Total average daily volume here is about 900k and VIVO is up %10 on double the average daily volume, closing on the high of day. That's exactly what I was looking for when I mentioned it earlier. Lots of positive momentum here heading into the weekend. Let's see if management can capitalize off this momo and drop something newsworthy.
GreenNme wrote: Bullish MACD cross, RSI turned into positive with plenty of room to run until overbought, looking for a spike in volume end of day. Currently resistence at .88 and they just added at .89. Doubt those orders stay up there. My bet is soon as .88s start getting chewed they'll remove the .88s and .89s. A close at or above .90 will result in a big gap up on Monday. Need some news here. %50 in a week ain't bad tho.