Posted On: 12/01/2013 10:10:36 PM
Post# of 2561
VNDA Daily Chart ~ The One That Got Away from Me
Two of my friends are in VNDA. Here's one I was watching as it approached possible support and closing of a gap established back in May. Unfortunately, I was out on November 12, the day VNDA gapped up to 12.18 from a close of 6.79 the day before. My two friends bought from 6.01 to 6.30 after seeing the stock reverse from 5.70. They did well as they also sold a few days later when the entire candle moved outside the upper bollie and hit a high of 15.65. Not bad for a four day hold. Last week the stock held the MA50 and 100. I have not entered VNDA on this pullback and probably won't. But for those following along, you'll want to see the MA20, 50 and 100 hold here. For the short term upside, the stock needs to get over the 13.30/13.47 level. GLTA
Two of my friends are in VNDA. Here's one I was watching as it approached possible support and closing of a gap established back in May. Unfortunately, I was out on November 12, the day VNDA gapped up to 12.18 from a close of 6.79 the day before. My two friends bought from 6.01 to 6.30 after seeing the stock reverse from 5.70. They did well as they also sold a few days later when the entire candle moved outside the upper bollie and hit a high of 15.65. Not bad for a four day hold. Last week the stock held the MA50 and 100. I have not entered VNDA on this pullback and probably won't. But for those following along, you'll want to see the MA20, 50 and 100 hold here. For the short term upside, the stock needs to get over the 13.30/13.47 level. GLTA
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