Hello barnsty, I do not have any VBA position at the moment, came up on the scan today, and I thought I just post my thoughts. Do what you like with the chart.
Why would I short VBA when she is on support??? EMA 55, lol. You never short on support...
Disclosure NONE,
Sentiment NONE.
I wouldn't buy her, and I wouldn't short her now. But chart is not bullish to me. Stochastic falling, yesterday we had a doji candle, doji means indecision, and today we have one long red candle, which means there's no more decision. Cards have been drawn...
VBA Price at posting:
65.0¢ Sentiment: None Disclosure: Not Held