Monday, February 25, 2013


The VCI weekly charts shows the double bottom formation, the stock was moving up nicely from the "W" pattern in recent weeks, but has shown weakness of late.


The daily chart shows the dramatic selloff that occurred late last week, can it hold at the $26.70 level to support the weekly chart pattern? Shorts may panic on a good market day and bring a bullish short term trading opportunity with it. Worth watching

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home