Hi
Since my first post on VCR which was some time back, some posts have been removed others who knows, however I went short about $1.80 which I posted several times on here and indicated that my target would be around $1.21, today was close enough for me, so I closed that short out today at $1.23 for around 57 cents profit, I made several trades on the way down, so not exactly shore on the exact profit, but that is close enough.
Why have I closed it out, well like I said last time I always have target ranges or reverse signals for exit, this time around It hit my range so I am out. With all this in mind the stock may indeed bounce or break through the support and head towards 70 to 90 cents, I now stand buy to see which way it goes, my gut still feels the stock will head lower:) :) :)
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- VCR
- closed out my short trade
VCR
ventracor limited