Veltex Corporation (VLXC)

[mytejano]

VLVT T/A update:Just like clockwork VLVT continues to "mirror"the Oct.-Nov.trading pattern as I have been posting on in several prior posts..VLVT is now aprox at the point the stock was on the 6th-7th trading days of Nov..However there are some bullish divergences now appearing here in Jan as compared to the Nov.pattern.For example even though the stock price is virtually the same the "stochastics" are still showing a much more oversold condition giving the stock much more upside potential for a major run in the coming days than was evident in Nov..Also the OBV "on balance volume"is in a much more bullish uptrend now since we put in the .031 low last week as compared to the .02 major low the stock came out of at the end of Oct..Bottom line,from a pure T/A point of view the odds are looking very favorable that the stock will test .10 cents once again in the LAST WEEK of January!!Tejano