Vivocom’s V-Shape Recovery still intact. Rally still ongoing in a calm and steady stair stepped ascension.
3 Dec 2020
Vivocom: Lunch Time Report
Morning Report on Vivocom Closing Price RM1.14 up 3c with Volumes 35.3M.
Vivocom opened at RM1.14, up 3c this morning and quickly rose to a high of RM1.17, and settled to close at RM1.14 in a tight range bound trading.
Volumes at 31M was healthy and robust, with strong support pegged at RM1.13, a key psychological level which it has done well to stay comfortably above for most of the morning session.
There are two key and crucial resistance hurdles to over-come at RM1.16 and RM1.22. Once they are crossed with confidence and conviction the Rally will take off from there.
Is the market ready for this surging run to RM1.22/1.48 levels. It looks like they are but rally in a stair stepped pattern, one step at a time, more steady and stable that way in the longer run.
Here are today’s technical highlights:
Share price creeping up in a steadfast manner yet giving good return to position traders& investors !
How? The technical trading parameters below explains:
A.15 min chart developing uptrend chart pattern, which is making higher high and higher low 15 min chart.
B.The uptrend chart gradient is 30 degree +/- 5, it is a very useful technical tool used to measure steadiness of the particular stock movement
C.This truly demonstrates a calm and steady Vivcom movement upward.
Vivocom, The SuperBull Uptrend Rally is ongoing. Do you have what it takes - patience and staying power.
greedy44444
Con man strike again
2020-12-03 13:06