Aug. 24 at 2:15 PM
$VG
Not what Bulls want to read, but playing to reality here's my opinion how we roll into September..
Historical End-of-Month Drift: As August trading volume drops ahead of the Labor Day holiday weekend, retail/algo action typically seeks lower support floors.
$14.50 –
$14.65 ─ Major Overhead Supply Ceiling.
★
$14.12 - Current Price Action.
$13.60 –
$13.80 - Expected Mid-Week Drift Target
$13.00 –
$13.25 - IDEAL - Primary Re-Entry Accumulation Zone
Expect
$VG to dip to
$13.60–
$13.80 over the next few sessions, right into the month-end close or early September.
Money to be made if you play it smart without emotion...