AleksandrLombrozo

Bad fundamentals good technicals for VNRX

Long
AMEX:VNRX   VolitionRX Limited
Despite reported second quarter loss of $2.9 million that did not meet Wall street expectations, VNRX (VolitionRX) might look quite bullish in a distant future. Three weeks ago there was a bullish engulfing at the bottom of a enormous rectangle which should imply some bullish momentum. This is why we go long with this stock with TP near the upper boundary of this rectangle.

For more ideas go to mercuriusam.wordpress.com.

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