Hey all
Just thought I would post todays latest edition of where VCR is headed short term and within the next 3months. I didnt write this its from a chartist site:-
SHORT TERM COMMENTARY:
Ventracor Limited [Tuesday 23 Jan. 2007]:
Weak Buy Candidate ( 1.58)
Ventracor Limited fell by -0.92% last day from AUD 1.09 to AUD 1.08. . In the last 10 days the price of Ventracor Limited has been rising in a total of 5 out of 10 days, and is up by 4.85% over the past 2 weeks. Volume fell last day along with the stock which actually is a good sign as volume should follow the stock. Last day the tradingvolume fell by -0,00 million shares and in total there was bought and sold 1,30 million shares for approx. AUD 1,40 million.
3 MONTH TREND
Ventracor Limited lays the middle of a very wide and strong rising trend on short term and further rise within the trend is signalized. Given the current short term trend the stock is expected to rise 42.6% during the next 3 months and with 90% probability hold a price between AUD 1.41 and AUD 1.80 at the end of this period.
Now all I can say is it looks like within 3months $1.50 will be cracked no problem!
R.Geezer
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