Videolocity International Inc (VCTY)

[chuck44l]

Gonna get this one back on radar after this evenings news and see if we can get a few more trades out of it in the next day or two. Support on the daily chart is .0016 and .0015 Resistance is the 20 day MA line of .0018 todays high of .0019 and the 50 day MA line of .002 If we can get through these areas i believe that a test of the .0025 area is possible.
Always treat these as trades and not an investment get a few ticks and move on and or look for a possible re-entry on a dip at or near a support level Remember not all trades work out so be prepared to cut small losses before they become big losses.