During the past few days I have come across various reports on i3 and multiple social media platforms talking about Vivocom’s recent share price Rally.

Vivocom is a Share that I like and which I have made a bundle from during its November 2020 meteoric uptrend.

However this high-flying share is not faint hearted as it can be extremely volatile and unpredictable and needs close monitoring.

Here’s my Technical take on the share which I have been tracking very closely.

Vivocom’s breakout away from the symmetrical triangle last Wednesday with impressive volumes over 100M shares was like a super bull unleashed n freed from being locked up.

The breakout was very bullish and ferocious, it triggered and sent off a very powerful “sure buy signal”!

Many savvy traders and investors would know that at this point of time would be the best and most opportune time to enter and collect Vivocom at the present level due to the reasons outlined below :-

A. Today (29/1/2021) is confirmation of triangle breakout from $0.960 with good volume and reach $1.04 (pic1).
B. At market close Vivocom share price had a healthy pull-back to $0.960 which offered players a second opportunity to acquire this stock from $0.920-$0.950( support zone) before spiking up sharply
C. Based on the 4 stages of markets analysis (Pic 2), after 2 long months of sideways of consolidations , Vivocom is about to begin its next phase of its SuperBull Rally as its technical indicators are signalling. Based on strong market participation it can be anticipated that Vivocom will have a sustainable and long bullrun this round based on its past history.
D. Current stage is the best entry level as it presents a very good risk to reward level up to 1:10.

Finally a note to all the naysayers who uttered all kinds of unsubstantiated nonsense about Vivocom being a syndicate goreng Pump & Dump counter. I can say with a clear conscience that it definitively is none of these baselss claims.

In my 30 years experience as a technical trader I have rarely come across a stock that it so pure market and momentum driven, enough said.

Happy Trading To All Punters, Retailers and Momentum Traders out in force Vivocom!

May PROSPERITY be with you in this CNY with Vivocom's Rampaging Bull Run.

May The Force Be With All The Retailers & Momentum Traders Powering Up Vivocom.