Long $VIPS Day 13 Analysis

Today was a good call from yesterday’s game plan. As expected, the 50DMA was tested and now held as support instead of previous resistance. We also made a good move up on much less volume. That indicates we are starting to have an easier time moving up as we moved through a heavy area of supply, which was also anticipated.

Weekly Scorecard
CostCloseChangeTargetHighTarget%
$10.60$12.3116%$12.80$12.5086%
My cost changed this week as I added some on a dip.

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