Short Vinci on premice of adistribution phase ?
Prices have reached the highest level from early June @90.48.
This limit may be a strong resistance. After the surge of more than 20% this week a distribution phase is likely to occur with prices trading in a range from 83 to 90.
I don't know what will happen. But as prices don't break any support(83) or resistance(90) I play the range.
I may be wrong. But I am ready to change my position accordingly.
Let's what happen...
This limit may be a strong resistance. After the surge of more than 20% this week a distribution phase is likely to occur with prices trading in a range from 83 to 90.
I don't know what will happen. But as prices don't break any support(83) or resistance(90) I play the range.
I may be wrong. But I am ready to change my position accordingly.
Let's what happen...
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