Vapor Group Inc (VPOR)

[Cheds]

Im not seeing the bullish divergence with the MacD histogram you are, the PPS is rising at the same time as the PPS, that is not divergence.


Ok, so lets look at the chart: (Daily)

the two most important places you would like to see divergence to indicate a trend reversal are the A/D and CO, neither of which are showing any divergence.

If you want to make a bottom argument, your best is to point out that both the %R and CCI afe showing oversold, RSI is low and the PPS is far below the EMA.

All this being said, i see more weakness tomorrow and .001 will be tested, also .0009 and maybe .0008


-BigCheds