Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Look at the chart of VLNC, it is sitting at support at $3.8 (roughly the price it was last time we were at 1842), If it breaks that support, it could go to $3.4, maybe even $3.25, is it worth to take the risk of it going back above $4.5? I am not sure. The swoon we may have (and there is no assurance such a swoon will indeed occur) may not be worthwhile playing on the short side, unless you find a stock that has already a broken pattern and it is just bouncing from that break (JCOM and BSTE are such stocks, but being snorters, shorting them without close stops is just as dangerous).