VBA 0.00% 35.5¢ virgin blue holdings limited

come on bounce!, page-5

  1. 8,880 Posts.
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    Hi Selmax, well done and nice trading it certainly can be risky averaging down but like you I often do it myself which more than not pays off if you trust your support levels. Who knows what the st future for VBA brings and given the current position of world markets it could go either way atm. I hope it can hit .33c for you, if it were me i would take the opportunity to exit but so far it looks like .30c will hold. My analysis was on a weekly perspective and going by that it looks like there will be more weakness. Hope I am wrong and I have no intention of trading her until the sp breaks back through the descending trendline on the daily below which would also close the gap.

    DAILY

 
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