why is the sudden sell off, page-11

If you look at BCC's charts from about 7c (I think that's when it was started being slowly lifted), it goes through a period of one day huge rise with big volumes & then followed by next day of selloff but only in smaller volumes. This pattern continued for 4 consecutive days & then came bang, big lifting taking it straight from 8c to 16c. im not saying there will be big lifting 4 days later, just saying yesterday & today's just start of VIL being actually pumped. as i said, it wont go straight up at the start of this accumulation period, so be prepared for some volatility or excellent trading opportunities if u'r savvy enough.

But il tell u now, trade it any way u like, just make sure u havnt just sold out before the big lifting (which is gonna happen sooner or later). And charts will be useless (even if it shows bearish) when the heavy lifting starts. I learned the lesson from BCC when sold out at 11c coz charts were telling me it was extremely overbought, look what happened later. As to when the heavy lifting could start on VIL, im expecting a few days before the placement shares come online & i dont know when that will be. So GL & bravo to you if u can trade the waves & definitely watchout for good buy back opportunities around major support level (look at how strong it bounced back 3.3c support today). i know i wont be trading mine. Dont wanna leave my sell order at what i thought was a major resistance level & then after work just to see several lines of resistance being taken out in one big day. GL to you all.

VIL's charts




BCC's charts (in the next few days, we can see if these two charts will start look alike)