VGZ - Ok. Thanks. It looked to me like the chart was rounding out and nearing a bottom over the next few days, and then IBB pooped all over everything again.
Today's hammer (which will be appearing all over if IBB comes back) should indicate a few things for VGZ...
1. That it's ready and will start the reverse soon. 2. That's it not quite ready, BUT IMO it will then start a slow walk down (few days???), to the bottom of the hammer, around .47-.50 which should be support for a double-down if you wanted to wait and get a better entry. You can see from chart that .47-.50 has a lot of support in the past.
Just my $.02 on it. I kinda like the chart at quick glance for one to play in the near future. Was going to keep it on watch before today's IBB poop.
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