First time analysing this stock, looking at multiple timeframes it seems to be bullish. With price respecting support, divergence was formed and price started was slightly more volatile than before. Momentum showing bullishness after being neutral for some time.
Fundamental also seems bullish
> Quarterly Cashflow Report -The Company held $1.09 million in cash and cash equivalents as at 30 June 2020 which represents a $2.06 million increase from 31 March 2020
> VIP’s sales orders have been filled through to the second quarter of 2021, with recent orders at higher sale prices which vary, depending on the specifications and volume.
> VIP Gloves to boost annual output 60% with four new nitrile glove production lines.
> VIP Gloves set to benefit from strong outlook for glove market as outlined in new research report
Fundamentals for the past month shows bullishness.
Fundamental also seems bullish
> Quarterly Cashflow Report -The Company held $1.09 million in cash and cash equivalents as at 30 June 2020 which represents a $2.06 million increase from 31 March 2020
> VIP’s sales orders have been filled through to the second quarter of 2021, with recent orders at higher sale prices which vary, depending on the specifications and volume.
> VIP Gloves to boost annual output 60% with four new nitrile glove production lines.
> VIP Gloves set to benefit from strong outlook for glove market as outlined in new research report
Fundamentals for the past month shows bullishness.