VPE 0.00% 41.5¢ victoria petroleum nl

On the technical side (which of course reflects the...

  1. 152 Posts.

    On the technical side (which of course reflects the fundamentals), VPE broke thru its Sept-Oct 06 double tops today - closing well above them.

    It even spiked above its earlier, May-June-July double tops - and closed right on them tonight (at .28).

    That's on top of breaking its one-year trendline yesterday.

    It's not often a stock has a string of such strong technical breakouts in 48 hours.

    Technical analysis can always be wrong, but on the balance of probabilities the above would have to suggest further rises over the next few days.
 
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Currently unlisted public company.

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