Videolocity International Inc (VCTY)

[sendo]

I think I'd have to agree here. At least that's the way it feels regardless if it's true or not.

I think MMMG and the MMs will let this run a bit tomorrow. They didn't try painting it down before close. Just off a chart play this should've kept making small daily gains but saw a large sell off earlier this week and MM's took advantage to induce a panic sell.

Last 2 days we saw some capitulation which is good and bad. It brings fresh blood and provides a stable base, but unfortunately that base is at a lower support level and they may be happy to flip out of the stock for 25% gains.

First resistance is at .003, .0037 and then again around .0050. If we can get volume and momo we could crack at .003 easy and head towards .0037.

We should be sitting at about the .0024 - .0025 area IMO. Might see a gap up to .0024 tomorrow. At least Full STO has finally crossed below the 20 line. VCTY has always bounced/had great gains after we crossed below the 20 line on Stochtastics; VCTY doesnt like to live below 20 for very long. A run will be coming soon regardless because of this IMO.