ASX stock Analysis VCX

ASX stock Analysis VCX

Time Frame : Daily Chart

Watching for Buy Entry Setup

VCX has been consolidating above the 1.50 area for some time and the long term weekly chart is primed and ready to run higher. We expect that some heat may need to come out of the action in the short term but for price to hold a higher level to signal its intention for a run. Time now to wait for price action to play out and watching for volume to increase for confirmation.

Stock : ASX stock VCX

Current Price : 1.695

Status : On watch for a move above 1.80