TRADOMICS_

Is VRX recharging for a new rally?

Long
NYSE:VRX   None
We have seen in the last few days a dynamic resistance that characterized the pull back of the price from a threshold range between 16.95-16.75. Today the lowest minimum price touched 16.00 dollars (around -2% compare to opening). Violent and prompt reaction with high volatility intraday had set the price at 16.45 +0.3%. 16$ was the point where the ascendant trend line supported the price. Will we see an attack to 17 dollars next days?

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