Thursday, December 7, 2017

Valuetronics: More weakness possible, cautious long... Price 0.89. System spotted!


Just 2 days back, we spotted some weakness in Valuetronics with a potential break down of 0.900 on the cards…


It was then at 0.91 and has broke below the 0.93 level that has held for more than 2 months….


Indicators were also looking weaker and  there could be some downside in place….


Some targets were drawn with inner circle alerted and it seems like the 0.900 support has fallen today as well which…


Can open the way to more weakness towards 0.85 as drawn…


Let’s see…. Cautious long or now….


Especially below 0.90 now….


We did had a Bearish signal on the SYSTEM recently, before the sell down…


No exits as of now….. careful…


For illustration purpose only.



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