Junior is Feeling Low

This is a chart for Victoria Gold (VIT) a gold explorer/developer listed on the Toronto venture exchange. Who said the risk trade is on again.... it certainly isn't for many venture exchange stocks. Many venture companies are trading at lows not seen since the spring of 2009. VIT needs to hold at this $0.31 resistance level  (the blue line way at the bottom) otherwise we are looking at a trade down to fall 2008 levels of under $0.21. Perhaps this is another early warning that the larger markets are not as strong as many think.