I'm quite positive about the future of VBA however I think If you want to talk about potential, there is the potential for it to go back to 45c in this climate.
I'm close to my trailing stop and I think I'll let it close out and get back in when there is more than sentiment driving the market overall.
I guess it depends how you see the economy today. I'd rather be cautious than confident. VBA isn't going to suddenly hit $1 overnight.
If you follow the herd on residential house prices (asset base for the "blue chip" banks) and the future health of the economy I think you run the risk of being caught out in the next panic sell.
I'm at work without my charting tools, but I'd be looking at a fib retrace of its run since it broke from the all ords and also looking to see how much support the ma20 gives it from institutions.
VBA Price at posting:
67.0¢ Sentiment: None Disclosure: Held