Replies to post #207 on Canadian Stocks: Current Trends and Chart Analysis

[BoomTime]

Hello vinotinto67,

Thanks for visiting! Always like new faces

Its funny you mentioned VANGUARD CORP (VRS:TSX) was looking at them a few weeks back. I always try to find basing stocks. Don't know too much about the company fundamentally, do like the field they are in, thats for sure.
Don't see too much downside in share price at these levels. You do have resistance at the 2.00 range. Support at the 1.60 range currently. The spread can work in your favor or reverse when selling. Nice volume on the Nov. 4th, broke the basing pattern. Don't see any news on the 4th, any reason for the jump? Could be a good sign that VRS is reversing, wonder if it'll hold? Cautious is always needed as they are buyers that are looking to break even, they can always damper the share price. The stock took a beating this summer, but seems to be reversing nicely so far. For me I would need a bit more confirmation to go ahead. Thanks for bringing VRS to my attention will start tracking it. Thanks Here is some charts, they update themselves so we can always refer to them.
Goodluck


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