VivoPower International PLC (VVPR) down 28% good dip to enter?
Why the drop?
- Might be a pump and dump
- Release news tuesday for a pump
This is one of the classic "pump ad dump" stock shoot high yesterday but drop today for "Bag holders to hold... Chasing a Dragon is the case.
Yesterday pump news, VivoPower International PLC (NASDAQ:VVPR) added 126.50% to its trading price by the close of the most recent session, jumping from its previous closing price of $1.17 to $2.65. This stock increased in value by 140.91% during the last 7-day period, and experienced a gain of 140.91% over the past 30-day period. In the past three months, this stock’s price grew by 140.91% , and added 60.61% to its price during the last six months of trading. VVPR demonstrated a yearly price gain of 10.42% , while its year-to-date (YTD) price performance has been up 310.85% . This stock’s price changed by +349.15% compared to its 90-day low, and moved down -16.93% comparing to its 90-day high price.Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the VVPR stock as “Buy”. In the short-term, VivoPower International PLC (VVPR) has a 20-day average volume of 978,935 shares and short-term indicators sets the VVPR stock as “ 100% Buy ” on average basis. In the medium-term, VVPR stock has a 50-Day average volume of 405,020 shares and medium-term indicators gave the average rating of “ 100% Buy ”, while in the long-term period the FB stock has a 100-Day average volume of 244,330 shares. On average, long-term indicators rated the stock as “33% Buy ”. The overall picture from all short, medium and long-term indicators sets the VVPR stock as “88% Buy ” on average basis.
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