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malteseinvestor
@malteseinvest
Analysis: #NASDAQ $VVPR

Case 316 #VivoPower International PLC

On Special Request: mark2017 via Trade2win com

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#VVPR 1/3
Chart 1
Weekly Chart: Lots of large, brief upward spikes seen - a sign of short term traders taking their profits quickly. A close above 1.81 is the minimum requirement and then a close above 3.32 will be a #bullish sign. Good #support at the all time low of 0.59.

VVPR 2/3
Chart 2
Daily Chart: The spikes are now clearer and price hasn't closed above the #SMA 200 since Nov. 08, 2019 - short term traders continues to dictate matters.

The #Strategy is printed on the image.

$VVPR 3/3
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Related hashtags

#VivoPower #VVPR #Strategy #support #SMA #NASDAQ #bullish

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