Stop-loss, Support and Resistance

Today VEACU ranks # as HOLD CANDIDATE.
Today VEACU ranks # as HOLD CANDIDATE.

VEACU stock Vantage Energy Acquisition Corp. Unit

VEACU stock
Vantage Energy Acquisition Corp. Unit

Stop-loss

$9.51

(-6.77%)
This stock has low daily movements and this gives low risk. Low RSI14 is 8 which reduces the risk some. There is a buy signal from pivot bottom found 3 days ago. Risk:
Low

Fibonacci

Level Price
R3 10.20
R2 10.20
R1 10.20
S1 10.20
S2 10.20
S3 10.20

Support & Resistance

Level Price Chg %
R3 10.65 4.41%
R2 10.60 3.92%
R1 10.30 0.98%
S1 10.20 0.00%
S2 10.18 -0.20%
S3 0 .

Pivot:

Accumulated volume: $10.20

About Support and resistance

There are many factors used to determine support and resistance. The most common are:

  • Trend
  • Moving averages
  • Round numbers
  • Previous tops and bottoms
  • Accumulated volume

You may discuss what is the best, but by looking at the chart you will be able to get a more visual expression. Any support or resistance is weakened or strengthened by divergence in volume. If price is falling on high volume support levels may be broken easier. The same if price is rising on low volume, the resistance may be harder to break.

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