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Is VMD signaling a buying opportunity? Pocket Pivot shows up after climbing 3.27%
On Friday, August 21st, VMD moved up 3.27% while volume surged to 2.1× the usual levels. The unusually high volume suggests institutional participation in today's move. The session formed a Pocket Pivot, often signaling a possible continuation. Key support levels exist at 8.61, 8.36 & 8.21, with resistance at 9.0, 9.15 & 9.4. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of VMD: F
This might just be the start. See what else showed up for VMD today.
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