Thursday, May 16, 2013

*** Potential Trade: Vard Holdings. Share price 1.125.

Vard has closed above the 1.10 psychological level yesterday at 1.12 and also broken up above the 20 DAY MA(Green line) yesterday. More short term upside can be possible to 1.16 first then 1.20. As long as 1.10 holds as new support, target to 1.20 possible.
Stop loss at 1.085. 

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