VXR ... breaking out of it's channel for a second time, with the SP again threatening to accelerate at a faster pace. Maybe it will ... it has a different feel to it this time around.
There wasn't much volume traded around 15 cents previously, so that level of resistance was pretty weak.
I entered at 5.8 cents, and my original target was 20 cents, which is the next resistance level, and I'll definitely be locking in some profits at that level, but I didn't expect the price of copper to be doing this
Now the Chinese have gotten a bit sick of this, so they are introducing measures to bring the price of copper under control. At this stage, however, it looks like the horse has bolted.
GreenBull has been a very welcome addition to the VXR Forum recently, with some great research on it's fundamentals, and highlighting how cheap it is.
Yeah, yeah I know ... the eggs, chickens, hatching, counting thing ... but I've been very good this year Santa
