Aug. 19 at 8:16 PM
$VYX basing setup, and the trigger is right overhead.
Sold from
$14+ down to
$6, months of base-building at
$6.47-6.70, now
$7.64 with
BOTH moving averages in reach: 150MA
$7.85, 200MA
$8.49. No long climb back — the
reclaim is the move.
The plan:
- Buy zone ~
$7.60-7.70
- Confirm: closes above
$7.85 then
$8.49
- Trim #1:
$9.29 (+21%)
- Next:
$11.06 | big picture
$14.50-15.30
- Stop: close below
$6.70
~12% risk vs +21% first target, earnings 78 days out = clean window.
daily setups at thetradingmechanic.substack.com