Long VMC
Entry 1: 12.9; Exit: 11.9
Entry 2: 11.2; Exit: 10.6
Target 1: 10.2; Target 2: 23.7; Target 3: 34.6
Signal
+ Weekly chart
. Bullish divergence from Jul 19 to Jul 20.
. From Sept 20 price go above MA from below to start short term uptrend.
. Heavy volume bars tend to break POC around 11.5
+ Daily chart
. Price is above 02 MAs to confirm upward trending.
Entry 1: 12.9; Exit: 11.9
Entry 2: 11.2; Exit: 10.6
Target 1: 10.2; Target 2: 23.7; Target 3: 34.6
Signal
+ Weekly chart
. Bullish divergence from Jul 19 to Jul 20.
. From Sept 20 price go above MA from below to start short term uptrend.
. Heavy volume bars tend to break POC around 11.5
+ Daily chart
. Price is above 02 MAs to confirm upward trending.