Replies to post #30939 on Vapor Group Inc (VPOR)

[MarqueeGemFinder]

Ospreyeye and ALL with VPOR- fundamentals trump chart

With all due respect, we have been here before. There is a reason for 6 straight strong sessions here with VPOR, she is severely undervalued now,

Look infowar to her continuing the trend. Slight pullback or retracement to .078 is justifiable. I wouldn't mind some Stendhal building around here myself,

Thank you for your chart work. It is just my opinion, that VPOR is blessed with excellent fundamental and company catalysts to trump the chart technicals and daily candlestick patterns.

All the best
M

[cccc17]

hey ospreyeye

I like your way of trading with pure TA analysis

but here with VPOR, it is useless at this time. why?

if you look at last run in Feb-March, any TA analysis was destroyed.

VPOR is a FA play, and this time VPOR will destroy any TA again

[beamin1]

Osprey I have a lot of respect for you, but there's no way you can consider the last 7 days an uptrend at all. The 10sma is still below the 30sma and the 30sma is still well below the 50sma... until at least one of these conditions change, this isn't an uptrend at least in the mid\short term. I am aware that overall we are in a 50>200 long term uptrend, but there's no way you can say that candle is anywhere near the top of it.

That being said I wouldn't be surprised to see a pullback to .07 area but I'd be much more surprised if it didn't breakout Monday before eod and test resistance at .0925, based on technical indicators, positive divergence and well known upcoming catalysts.

Not to mention the company is currently very undervalued, and should be trading in the .18-.30 range easily on fundamentals. If this does close above the 50sma tomorrow, Tuesday could well be explosive imo.

[RahVaMIL]

If we close red today would you say that this would be a confirmation candle for the bearish hanging man? What is your outlook? Thanks!