Talking gaps at this speculative end of the market is ridiculous ! Noone knows what will happen next, but if I was to have a bet on the action I have witnessed over the last few weeks especially last few days, then this share price is about to have a dramatic drop into the 3 cent range !
There are a number of reasons I say this, the run fri 1.5 to this level is so over done, but more importantly, there are large feeders selling into many small retail.
Just mark this post and come back to it in a few weeks, happy to be wrong but I suspect this fall once started will gain momentum just as the rise did on basically thin air!
If you like charts a very similar run from 1.4 to 6 8 with exact same momentum and volume on very similar circumstances was LNR, and they were alm saying it's going to the moon, but fell all the way back to where it started even though REE drilling results are pending now That rise is almost mirror to VSR and I believe VSR will mirror LNR chart all the way back !
Don't get caught once the pending sell momentum starts in my opinion
VSR Price at posting:
7.3¢ Sentiment: None Disclosure: Not Held
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