Since Euro has devaluated, naturally, EU companies get benefits than those in the same sector than US. Maybe that was why VJET did not drop like other 3D companies on Friday.
In few days, 50 SMA will cross 100 SMA upwards. The reckoning day is coming.
Very less likely .....
It seems like it is being supported at SMA 50 and heading towards SMA 200. The perfect storm is coming.
Hm.... We miss you here.
A break out happens when SMA 200 is up there alone and the rest of the SMAs are all entangled at the bottom. So the war around SMA 100, $8.73 will decide the future of VJET.
And if above happens, massive short covering will occur.
If the price can stay above this line, the next stop is SMA 200.
It really seems like it doesn't want to go below 7.80. Shorts probably used up all their bullets.