re: technicals
The close today has left a doji star sitting slap on the rising 161.8% resistance at $1.80.
Pending confirmation tomorrow (and the stock is also showing strongly overbought) it is likely that VCR would now gap down to test supports at $1.59, $1.43, $1.30 and $1.17.
An eventual trip to $1.17 would provide a solid consolidation for the next move up but as always could take a month or so to be met.
See whether VCR has enough buying support to move through the doji and $1.80 resistance first tomorrow.
Cheers,
VCR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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