ADVFN ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Icon for pro Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.

Vast Resources Price: VAST Rises from Lows, Faces Resistance Below 0.15

Share On Facebook
share on Linkedin
Print

The price of Vast Resources Plc (LSE:VAST) is rebounding from recent lows, supported by improving short-term momentum. However, any upside move is likely to meet selling pressure below the 0.15 level, limiting short-term gains unless trading volume increases and resistance is firmly broken.

The stock exchange market valuation is attempting to recover from recent lows, supported by mild improvements in short-term momentum and cautious buying interest, though overall market participation remains subdued. Nonetheless, upside progress is likely to face strong resistance below the 0.15 level, and a sustained move higher would require stronger trading volume, improved market sentiment, and a clear break above nearby technical barriers to confirm a more reliable trend shift.

Resistance Levels: 0.15, 0.2, 0.25
Support Levels: 0.075, 0.05, 0.025

Can Overbought Stochastic Oscillators Signify Sustained VAST’s Rebound After a Sharp Downtrend?

Capitalists should prepare for potential short-term resistance as VAST attempts a rebound, noting overbought Stochastic Oscillators may signal caution. Positioning carefully, monitoring volume, and setting clear entry or exit points can help manage risk while staying ready for a decisive breakout or pullback.

The trend lines of both moving averages are clearly trending downward, causing the 15-day EMA to remain positioned firmly beneath the longer-term 50-day EMA trend line, indicating sustained short-term weakness and ongoing pressure in the market. Meanwhile, the Stochastic Oscillators have started moving sharply northward into the overbought region at an early stage, signaling that upward momentum may be building, though caution is warranted as a potential reversal could follow if buying pressure slows.

Learn from market wizards: Books to take your trading to the next

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments are closed

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com