NYSEARCA:VINE - NYSE Arca - US35804X1019 - Common Stock - Currency: USD
Overall VINE gets a technical rating of 1 out of 10. VINE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, VINE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VINE in the last couple of days, which is a good sign.
0.33
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice 3 important areas.
0.575
+0.06 (+12.06%)