VGX has an important bottom support at $1.4 and $1.50. According to Wickoff, if it does not lose this zone, it will rise back to the $2.2 zone and break that zone to continue its strong rise in the near term. Therefore, buying VGX at this time has a relatively low risk ratio
๐RED PLAN
โป๏ธCondition : If 1-Day closes ABOVE 1.4$ zone
๐ดBuy : 1.5 - 1.4
๐ดSell : 1.7 - 1.9 - 2.2
๐BLUE PLAN
โป๏ธCondition : If 1-Day closes BELOW 1.4$ zone
๐ตSell : 1.4
๐ตBuy : 1.2
โDetails
๐Red Arrow : Main Direction as RED PLAN
๐Blue Arrow : Back-Up Direction as BLUE PLAN
๐ฉGreen zone : Support zone as BUY section
๐ฅRed zone : Resistance zone as SELL section