You can go to americanbulls.com for the simple TA analysis. It will train you to look for the basic patterns and teach you how to confirm trends prior to making a trade, but I have not found it very reliable.
In my opinion, VMS is trading up on the anticipation of news along with the trend in copper prices.
I have been 'stuck' in this position for almost 2 yrs - have now averaged down so any upside past .40 is more than welcomed at this point.
VMS
| Price |
Support |
Pivot Point |
Resistance |
|
| 0.3800 |
0.3600 |
0.3800 |
0.4000 |
We clearly need a push over .40and it will be off to the races once more....it has been a test of patience but this one I have confidence in.
Good luck to all...
GS40
