VLL price action update

Vista Land & Lifescapes, Inc.

VLL has retested the upper end of the projected price target from a Downward Price Channel breakout at 5.50 (projected TP range = 5.40~5.50).

*Immediate resistance zone is also around 5.40~5.50.

See previous analysis for reference:
https://psetrends.blogspot.com/2017/04/vll-price-action-analysis.html

Trading Plan
- Take some profit or scale down position.
- Profit run the rest of the position with trailing-stop.

VLL price action analysis

Vista Land & Lifescapes, Inc.

VLL recently broke out from a Downward Price Channel consolidation, considered a bullish pattern on breakout. The projected target price of this breakout is around 5.40~5.50.

*Immediate resistance around 5.34.