VIL 0.00% 1.6¢ verus investments limited

technicals have collapsed, page-4

  1. 4,770 Posts.
    lightbulb Created with Sketch. 1022
    Natural gas prices in the USA are a falling knife at this moment. There is an oversupply of the stuff and we are heading towards the end of winter when demand will start to fall off dramatically. U can see this in the technical formations for AZZ, BCC which have gone into distribution patterns. Some stocks like ADI are still rising because of their austin chalk play but the risk rises appreciably based on the falling gas price.

    So go figure. Odds are that VIL is unsafe at current levels due to technical signals.
 
watchlist Created with Sketch. Add VIL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.