VBA 0.00% 35.5¢ virgin blue holdings limited

Thanks selmax I enjoy your charts.When I look at the recent...

  1. 24 Posts.
    Thanks selmax I enjoy your charts.

    When I look at the recent daily chart I see it's had support on the ma20 during the last stochastic rebalance.

    I wonder why this happens and I suspect it's a long term buy strategy by institutions managing risk by buying within so many % of the ma20.

    The stochastic says to me it's not so overbought any more and considering there is no major sentiment shifts happening in the news I hope it may just be equilibrium.

    Fib retracement also looks as expected from the break.

    I hope it's going to hold ground all the way to the next figures are released in Feb.

    d.



 
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