VPE 0.00% 41.5¢ victoria petroleum nl

fibonacci retrace 61.8% sp fall to $0.41 , page-47

  1. 89 Posts.
    QGC 10.7 % Shareholding

    Sentient 13% Shareholding

    Why havent they bailed out, or at least, why did they buy into this company.
    Perhaps they have a sniff of something bigger and better, only time will tell.

    Lets see how this pans out, I agree that VPE needed to have a break, but thats all it is, just a rest,a few profit takers and maybe some stops being hit, give it a week or two, and I believe it will test the old October 2004 top at 50 cents again, if it breaks through, the next point of resistance will be July 2001 top at 56 cents, above that point there is quite a bit of blue sky !

    I am on this train and have no intentions of getting of for a while.

    Wal

    Holding VPE and VPEO

    These are my Humble views.
 
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Currently unlisted public company.

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