VT: the rebound loses its edge
VT slips 1.8% as the rebound stalls and sellers retake control
VT: the rebound loses its edge
Our view last week
Vanguard Total World Stock ETF's rebound keeps going: buyers took firm control again this week, with 89% of volume on the buy side, after a stumble two weeks ago when sellers ran the tape. Price is boxed between the 7-day high, area 158, and the daily pivot average, area 157, while a clean double bottom in the 152 area holds as the floor. The trade is now up 8.73% since entry, even as the pace of the climb slows.
This week's summary
Vanguard Total World Stock ETF's rebound stalls: after last week's 89% buying share, sellers took back control this week with 74% of the volume, and the stock gives back 1.8%. The ADX has fallen for the fourth week running and momentum keeps deflating: the trend is losing conviction step by step. Price is boxed between the daily Kumo ceiling, in the 155.3 area, and the 50-day average, in the 154.8 area. The trade is up 6.76% since entry.
IQS Phase
50
ordinary
Signal Strength
38
medium · weak
Sizing
REDUCED
Ranking
#78 / 112
US stocks in progress
Trade P&L %
+6.76%
from signal to today
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