Valuetronics- Bullish backtest?
Yesterday, Valuetronics backtested previous resistance turned support at $0.98 and coincidentally this price also backtested the downtrend line that it broke out of recently.
Today Valuetronics held its round number support at $1 and closed $1.015.
This blog is vested at $1.00 and believes that if $1 holds, it could head to $1.10 next.
Resistance:$1.05
Support:$1.00-$1.015
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