***************** Vard- a series of SELL CALLS, including a LIVE SELL CALL when it broke the 0.585 support yesterday.

Can it touch out target at 0.50 ?

Sent: Friday, December 19, 2014 9:50 AM
Subject: ******************** Vard- Back to support at 0.585, careful of a breakdown, CFD SELL on breakdown. price 0.595

Following up from previous sell call on Vard about 3 weeks back it has broken support at 0.600 and traded downwards gradually. Currently supported at 0.585 for the past 3 weeks already. Be careful of a further breakdown below 0.585 which can see it trade to 0.55 then 0.50. May be a temp rebound only, but as long as 0.63 – 0.64 holds as the resistance, downtrend still intact. CFD SELL further on breakdown to ride more. CLEARING OF 0.58 – 0.585 buyers would not be a good signal fyi.

Sent: Friday, November 28, 2014 12:56 PM
Subject: ********************* Vard- Back to support at 0.600, careful of a breakdown, CFD SELL on breakdown. price 0.61

Vard has consolidated above 0.63 for more than a month and finally we have seen a temp support breakdown yesterday. Dangerously back to the 0.600 psychological support level currently.  Downtrend remains intact below the 0.600 level, CAREFUL long positions. Instead, CFD SELL positions further to ride downside to 0.56 then 0.50. Range likely to be from 0.600 to 0.64 now and a negative as long as it trades below 0.65. CFD SELL.