Chart source : Poemsview 28th June 2018
Valuetronics a shorting candidate we spotted just one month back which came down close to 20% to our support of $0.64.
Valuetronics rebound from our support of $0.64 to a high of $0.685 but closed not as nice today due to the market sentiments.
For now we might see the price hovering in a range which we might not attempt to catch yet as market still remains volatile.
A retest of $0.64 might be good to see if the support is valid.
Two ways we’ll play this. If valuetronics test $0.64 and breaks we might continue shorting. If it doesn’t and starts to form a base then we might consider going long for a rebound.
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