$VVV
Strong impulse +33% per day, updated high 7.94.
Price significantly above MA(7/25/99) โ trend aggressively bullish, but already overheated.
๐น As long as above 7.30โ7.40 โ long priority
๐น Loss of 7.30 โ possible pullback to 6.60โ6.20
Entering long at highs now is risky.
I would wait for a pullback and then look for long.
Short โ only on a breakdown of the impulse!
$VVV
Strong impulse +33% per day, updated high 7.94.
Price significantly above MA(7/25/99) โ trend aggressively bullish, but already overheated.
๐น As long as above 7.30โ7.40 โ long priority
๐น Loss of 7.30 โ possible pullback to 6.60โ6.20
Entering long at highs now is risky.
I would wait for a pullback and then look for long.
Short โ only on a breakdown of the impulse!
$VVV