Monday, March 7, 2016

Vard: Are we seeing a further breakout AGAIN AS mentioned this morning? price now at 0.22.

Can it head towards 0.30?

Sent: Monday, March 07, 2016 9:17 AM
Subject: ************* Vard: a further breakout above 0.200 on the cards, we will continue to ride if that clears.... price 0.200
Following up from previous call, we have indeed seen Vard touch the 0.200 again today and attempting to clear above it. Any convincing move above the 0.200 psychological level can potential see more upside towards the 0.25 then 0.30 level. If that happens, can continue to ride and raise stop loss to 0.197. There can still be more legs to the rally as it plays catch up to the other oil and gas plays.

No comments:

Post a Comment