VCR ventracor limited

heres my spin on things

  1. 13,293 Posts.
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    Got to disagree with the prophet when he says VCR is in a long term downtrend.He must be blind.
    Madmac, you are right when you say its hard to pick support,but......
    From its low of 60 cents in late june vcr jumped 50% in 2 weeks.
    That was the first wave up.
    Then it consolidated for 5 months.
    Then in the middle of december it jumped another 50% in 2 weeks also.
    That was the second wave up.
    Both times it bounced off an upward trend line.
    I'm hoping the 2 highs in april and december are the new support...93 cents.
    If not 87 cents resistance will be the next bounce up.
    And i expect that to be a 50% rise.....which equates to $1.30 sp.
    Thats what i see anyway....hope i'm right cause i bought more today.
    So...looking for wave 3.

 
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