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Surwin

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Surwin

Re: BigBaboon post# 24075

Wednesday, 10/23/2019 11:28:51 PM

Wednesday, October 23, 2019 11:28:51 PM

Post# of 26214
Take a closer look at the charts since topping out at .045 on October 15th VLDI has been in a small downtrend always seeming to find support around .028 but making lower highs on the daily charts. The MACD is also looking like it will cross soon to the negative side on the daily chart. The weekly chart still looks like it wants to cross to the positive side with the 50 crossing above the 200 SMA, but that could change quickly if VLDI breaks down with a close below .03 on the weekly chart.

I believe the next couple weeks will determine whether this run is over or if it can continue. BTW Q3 should be out by 11/15.

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

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