Support area 1: 0.665
Support area 2: 0.50
Vivocom is a classical pump and dump stock.
Based on study from hourly chart, operator selling 50mil- 60mil shares each time for distribution during mark up stage on 2nd nov & 6th nov.
The stock price have a great selldown due to no demand of buying power at 23 nov 2020 3pm.
it is a good lesson to teach us, remember take profit when shooting star appear and do not listen TP Price. Always use TA to buy at support and sell resistance area
Support area 2: 0.50
Vivocom is a classical pump and dump stock.
Based on study from hourly chart, operator selling 50mil- 60mil shares each time for distribution during mark up stage on 2nd nov & 6th nov.
The stock price have a great selldown due to no demand of buying power at 23 nov 2020 3pm.
it is a good lesson to teach us, remember take profit when shooting star appear and do not listen TP Price. Always use TA to buy at support and sell resistance area
Commento:
operator pump up again.. unpredictable operator.. this counter cant predict by using TA.
Commento:
FIFO Resistance: 1.43