Potential Breakout: Vard- Moving above 0.600 a good step towards rebound,

Potential breakout call issued 2 days back!!! Are we seeing it happen now? Price 0.62

Sent: Tuesday, April 21, 2015 9:12 AM
Subject: : ***************** Potential Breakout: Vard- Moving above 0.600 a good step towards rebound, price 0.600

Following up from previous call, note that a potential breakout above 0.600 can occur, temp resistance would be at 0.62 then 0.65 first. Has been consolidating from 0.57 to 0.60 for about a week and some actions seen today again as it attempts a breakout on top 5 volume. . A bullish Rounding bottom pattern spotted which can signal a trend reversal finally and at current levels, it has also crossed above the 20 and 100 day MA line convincingly.

Sent: Thursday, April 16, 2015 9:44 AM
Subject: ***************** Potential Breakout: Vard- Moving above 0.600 a good step towards rebound, price 0.600

Vard has traded back up to attempt a breakout above the 0.600 psychological resistance level which it has consolidated below since January after breaking down the original support. Can see more upside from here if it stays above, and may open the way back to 0.65 then 0.70. A bullish Rounding bottom pattern spotted which can signal a trend reversal finally and at current levels, it has also crossed above the 20 and 100 day MA line convincingly. Let’s see if it stays above 0.600 now. MACD indicator has turned positive with more momentum expected especially if it crosses above 0.600 resistance.