You're right there ehwebba - what a bounce for the IO sector today!
Jamiealdridge I believe VBA is cheap at around 50 and hence I ended up buying some at 51. My comment was based purely on what I read in VBA's chart - support at 55 and 45 and 55 is now broken so if there was going to be a morning selloff then 45 was a possible intra-day target. The buy depth from 45-50 looked pretty solid so I have my doubts about 45 atm. With a 6 month outlook on this one I think the 90's is a realistic target.
Cheers, Sharks.
VBA Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held
