VBA 0.00% 35.5¢ virgin blue holdings limited

chart 14/4/2010, page-22

  1. 8,026 Posts.
    Update.


    I don't have any position on VBA.

    VBA has failed to use this "Morning Star Reversal" Pattern, as yesterday we didn't get the White/Green Candle stick we were after and today she headed lower. 60c seems like the current support, but I wouldn't be betting on it. Because if we go back to the chart I did back on the 14th of April when she was at 68c. We saw the "Down Range" speed angle. And if this range were to repeat itself again. We could get as low as 55c.

    Stop would be under 60c I think.


    Take Care and Good Luck everyone.
 
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