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Technical analysis by fugasok about Symbol VGX: Buy recommendation (4/8/2025)

https://sahmeto.com/message/3398112
fugasok
fugasok
Rank: 7117
1.6
Buy،Technical،fugasok

After VGX filed bancrupcy in 2022 new team in charge of VGX right now and new opportunity.RSI has strong bullish divergence on 1W timeframe.Since 2017 VGX formed massive falling wedge.1st thing VGX must reclaim is level 50 on RSI - strong resistance that held price in a downtrend since 2022.Target 1 could be 0.618 fib lvl which is 10k% higher.Target 2 could be new ATH or at least previous highs 5$+ (0.886 fib lvl). Gains could be insane at those levels.Good luck!

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$5
Stop Loss Price
$0.005
Price at Publish Time:
$0.0061471
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