Let's talk about some charts. Looks like a higher low has been established. The MACD is turning and we're well below the 20% on the StochRSI and turning. We went below the lower band on the Bollinger Bands and we're tightening again. I've put a Fibonacci fan to detail the retrace from the 4c top. Looks like key resistance levels exist at 3.3c/3.4c once those levels fall, it's time to retest the 3.8c major breakout level.
The indicators are implying confidence is clearly returning at these levels and we can possibly expect a rally this week.
There are a number of FA catalysts that could help the process in the next week or so. @apkjm@Zestfulmocha and @debono have all covered these in fair detail both on this thread and others. Any announcement from the company or further gains in the price of gold will set us off.
VEC Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
