There is a support level around 6.5c - taken from the high of the highest volume bar of Aug 8 - so we can watch that to see if we get some bullish response to that level (the low of that bar is 5.1c - Not trying to pick a bottom - just the next support level. Often after these severe sell offs it can take a bit of time for reaccumulation where the professional money will churn the price buying and selling (but mostly buying hopefully)and they will try to get it as low as they can.
VAL Price at posting:
7.0¢ Sentiment: None Disclosure: Not Held
