Sector is definately on fire - Bows strength has been amazing and has looked due for a pull back for the last couple of days. not sure how much higher it will go but unless there is something going on that we are not aware of you would think that a pullback is a given.
Vpe has recently broken to the upside out of a cup and handle formation and has increased around 50% on this recent run - I will be looking for a pullback to support at 27.5 cents for entry - this level also coincides with the 61.8% Fib retracement.
VPE Price at posting:
33.0¢ Sentiment: None Disclosure: Not Held