Bad fundamentals good technicals for VNRX

Despite reported second quarter loss of $2.9 million that did not meet Wall street expectations, VNRX (VolitionRX) might look quite bullish in a distant future. Three weeks ago there was a bullish engulfing at the bottom of a enormous rectangle which should imply some bullish momentum. This is why we go long with this stock with TP near the upper boundary of this rectangle.

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