Visteon Corporation (VC)

[Stockbus122112]

OK my man I saw you post and felt compelled to give ya my best opinion cause I'm a bad guy lol.
Not doing much elsewhere today. After yesterday I deserve a day off with STQQX.

This move up off 40.2 is more then likely the top of this bounce......25% ( 50.3 )give or take a shot and beer

Technically it must hit 34-35 area to fill a gap on the chart.
We also have a 61.8% fib retracement in the works from .95 ( look it up if u dont know what that is) Coincidently the gap and the fib retrace are in the same area......I am saying a 66.6% retrace on personal experience ....to flush out the bottom of this IF...this is going to be the bottom......probably hit 30...I'm saying 31.8 but who cares.
Also technically on the chart there is no real support here other then the 15-18 range other then where the gap is.
That's my technical opinion.

Things to note from experience is......round numbers like 30....40....50 are where people like to buy and sell. I personally do all my buying one click above or below these numbers like 31.41.51 and sell 39.49.59 not on the even number.
I don't wait for the herd. If you miss a few clicks no big deal.....it's the market, re evaluate and make your next move.

This isn't always how it works but it's a strategy that works for me over the years. I am wrong all the time so always be careful.

As with opinions that are posted to a board your more scutinized when things do not go the way you predict and along with it comes attacks... but then again thats what makes a market....two sides to the story.
NEWS bars all predictions till a further re-evaluation can be made.

If you want more then that pay for a professional to help lose your money LOL