InvestorsHub Logo
Followers 15
Posts 6478
Boards Moderated 0
Alias Born 11/26/2014

Re: tradinplaces post# 23625

Thursday, 06/13/2019 10:43:30 AM

Thursday, June 13, 2019 10:43:30 AM

Post# of 26347
If you pull up a five year chart you well see for the last five years VLDI has been making lower highs and lower lows on an annual basis. A constant decline and only until last week on some ridiculous rumors the stock finally broke that trend since last year high was .027.

If you look at a 2 year chart you will see that over the last two years .03 has been a strong resistance level and it continues be so. BTW when I go back in time I usually look at weekly and monthly charts because they give a clearer picture because they eliminate the noise level from daily activity and wild swings. fwiw

I absolutely agree if it looks like a duck, walks like a duck, and quacks like a duck, it is a duck. VLDI for sure fits that picture.


"Sarcasm is the last refuge of the weak mind". (Dostoyevsky) and "The important thing is not to stop questioning. Question everything" (Albert Einstein)

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.