trend development, page-10

Provided the trend remains in tact, a break out will see VPG explode beyond anyones short term time frame.

The ranging we are seeing at the moment is simply the new base is creating. Its basically a double bottom give or at a cent or two.

Its breathing. Take a look at charts like EXT and SFR to name a few. Forget the fact that SFR has gone from 7c to $4.00+ in UNDER 6 months but take a look at the little consolidation patters on its way to the top. Thats what we trend followers look at. I know very very few wealthy day traders but I do now some super wealthy trend followers. This is how they do it.

VPG seems to be doing just that.

But I know the feeling - everyday like this seems like a year. Its like "make a move already"

Cheers
Babylon