Veltex Corporation (VLXC)

[mytejano]

VLVT continues to track the October chart in a strikingly similar pattern.It has been 5 trading days past the "double gap up" to .065 in December..Back in October it took 7 trading days past the "double gap up" to .06 to put in a major bottom..So if the pattern keeps playing out then we can expect a final bottom to be tested around .03 on wednesday and a few days afterward as the pattern shows going into the first week of November to complete the bottoming process..Then the stage should be set for a major rally into late January..I really don't have an explanation why the repeat of this pattern is occuring other than I'm pretty sure the MM's are in concert manipulating it..The good news is as long as VLVT continues to progress on their fundamentals as they say they are it's only a matter of time before the MM's will let this stock go up as they have with the two major rallies to .10 cents in Sept. and Nov..Tejano