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VASC Hits Targets

|Includes: Vascular Solutions, Inc. (VASC)

Note about Technical Analysis

I was not a profitable trader until I learned technical trading techniques from the James16 Group. I am currently a lifetime member there, and I have been with the group for about 2.5 years.

Trading is always variable. Meaning, losses are inevitable. I am human, and I make mistakes like anyone else.

Summary

This is an update to the January 10th article here: seekingalpha.com/instablog/40805765-greg...

VASC hit the original targets posted of $28 and $26 as defined in the above article.

Here is a final graphic.

At this point, price should have difficulty breaking the $24 area. However, the downward pressure is intense enough to remain in short positions, for those less averse to risk.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.