VBA 0.00% 35.5¢ virgin blue holdings limited

Disappointing - Not the most promising follow-ups on news, price...

  1. 1,140 Posts.


    Disappointing - Not the most promising follow-ups on news, price movement & heavy volume yesterday. SO far VBA looks fairly subdued, Doesn't look like its headed any higher any time soon.

    Buy orders are substantially lessor then sell orders, which is not a sign of a stock rising.

    I wonder whats holding this back, I was thinking it is headed to 46.5-47 yesterday or today, based on the volume build-up at 47.

    On the technical indicators,

    Stochs are pointing up
    MACD has just turned, and I think it maybe head higher into positive territory

    Well, lets hope for the best

    Cheers
    Mayo
 
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