VBA virgin blue holdings limited

No one can predict sp.But we can expect some kind of probability...

  1. 96 Posts.
    No one can predict sp.
    But we can expect some kind of probability using history of sp movement. Each share has its own characteristics, I believe.
    It seems to me no news is a good news for VBA.
    I like a quiet and slow sp movement, personally.
    Too crowed mob and sharp spike, I am usually scared.
    I was expected around 3-6 % up today that would have made me comfortable. 10.94 % up scared me although it was good from a view point of my profit.

    Anyway, this guy had a double bottom (0.270 on 20/10/08, 0.250 on 16/12/08) and a golden cross (SMA,11, 31 days) with a good volume today. TA guys' favourite.
    The closing market depth was very much bullish.

    4:10pm
    Buy Sell
    Number | Quantity | Price | # | Price | Quantity | Number
    8 | 1,369,402 | 0.350 | 1 | 0.355 | 747,431 | 11
    7 | 339,031 | 0.345 | 2 | 0.360 | 227,403 | 13
    7 | 373,155 | 0.340 | 3 | 0.365 | 319,000 | 12
    9 | 372,597 | 0.335 | 4 | 0.370 | 212,350 | 8
    11 | 354,034 | 0.330 | 5 | 0.375 | 161,000 | 8
    .....................................................
    .....................................................

    383 buyers for 14,030,535 158 sellers for 4,217,631

    Technically very much positive as above and (see 4 year chart and in particular, around May-Nov 06 if you are interested in this guy's characteristics).

    Fundamentally, Aussie is a huge country so that the cheapest and safest travel from a city to another is by plane regardless petrol price. Easter is another big season for Aussie domestic travel.
    So you can expect what sp will be near future from a view point of probability base on fundamentals and TA.
    Psychological part is the most difficult one for me when I enter/exit any position.

    Good luck to all.


 
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