VCR ventracor limited

The VCR has some ominous looking characteristics which lead me...

  1. 1,019 Posts.
    The VCR has some ominous looking characteristics which lead me to be bearish about it's current sp.

    I have overlayed a Fib. retracement grid and would like an enterpretation from Arthur or others more familiar with Fib theory than I am.

    To me, the Fib. theory would say that VCR looks to have bounced nicely off the 62% retracement level. What does Fib theory say is likely to happen next if this 62% level @ $1.90 fails to hold over the next week or so?

    Thanks

    -HBG


    Keep the main thing the main thing!




 
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