Tuesday, April 5, 2016

Vard: Heading towards the 0.180 first target as mentioned? Now at 0.183

Pulling away from 0.190 new resistance as per sell call issued.... can the 0.180 hold too?

Sent: Monday, April 4, 2016 4:15 PM
Subject: ******************** Vard: Breakdown below 0.190 support can see more weakness ahead... price 0.188
Vard has been consolidating above the 0.190 level for about a month and today we have seen breakdown on above average volume. With 0.190 as the new resistance now, we can see the sellers taking control again with target to 0.180 then 0.150. CFD sell positions can be used to ride any weakness as long as it trades below 0.190 now. Buy stop loss at 0.192.

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