Friday, June 18, 2010 2:41:21 PM
MA's (both long and short) are about to crossover forming a so called "golden cross" (see chart below).
Golden cross is a reliable indicator of a bullish trend:
http://www.investopedia.com/terms/g/goldencross.asp
RSI is about to touch 30's level which is a good indicator of the stock being oversold and is telling me VCTY is bound for a trend reversal.
Coupled with a PR with some substance to it (i.e HUGE China merger pending) VCTY could pop up any time soon.
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