McGuireTO

VLE bull break on increasing volume, perfect backtest of support

TSX:VLE   VALEURA ENERGY INC
Watching VLE for continuation after a key bullbreak on Thursday and Friday held a beautiful backtest of former resistance, now support. Watching for signs of momentum and looking for a +10% move on this multi day trade
Comment: Disappointed with this stock, huge gap up to just below resistance ruined the setup, and massive profit taking has brought it down far too much for me to be interested in bottom fishing