Wednesday, November 9, 2016

Vard: A sell down today, then a miraculous recovery before hitting target.... price 0.24

Saw our target hit at 0.24 today with it closing at day high....

It was indeed a volatile day with a sell down seen in the morning on US Presidential Election vote count...

Traded to the support at 0.200 before a miraculous recovery at the end of the day.

Can it head towards our next target at 0.30 now?

Congrats to those that are still holding, rally may continue above 0.25 J


Recent Email:

Sent: Monday, November 7, 2016 10:29 AM
Subject: ****** Vard: Some actions seen after a month's consolidation, price 0.21
Following up from Vard call last month, we have seen it consolidate from 0.180 to 0.200 over the past 1 month. Today finally seeing some actions with a new 6 month high at 0.215. We can start to see more strength from here with 0.200 – 0.205 holding as the new support now. A bullish rounding bottom pattern seen so far with cap at 0.20 all along. Momentum indicators looking at a positive crossover and more room for the rally above 0.22 now. Target to 0.24 first for now then 0.300.

For illustration purpose only

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