VMT 3.85% 12.5¢ vmoto limited

Yes it's human nature to take profits but even those people...

  1. 2,184 Posts.
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    Yes it's human nature to take profits but even those people must have an inkling that unloading now or anytime soon is premature. It's hard to see the next quarter and the ones after having a decline in sales and like you said, if anything exponential occurs it's goodbye 30-40c range quicker than you can blink. You could see some traders dumping back into 32/33 yesterday but the buyers stepped in. They'll be hesitant to sell at each pip for the time being which will provide a lack of resistance which means only one thing. Only a fool would conjure up the idea that things aren't looking good and want to get out now. Agree with the Tesla comparison or even referencing them on any level.
 
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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
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