Would you head-scratching folks like to see why VTSI cannot seem to get above a certain point on bounces in the .03 to .06 range? No conspiracy, no magic...it's just good old fashioned technical analysis. This is just one of many charts confirming VTSI's downtrend and resistance points. TA on VTSI has been dead-on 100% accurate since November of last year.
I'll give you one that even a five year old could understand...the 70 ma. It's crystal clear:
So easy even *YOU* might undersand, sister!
Now just *WHERE* do you suppose smart money SELLS on ever "bump" up (hint...look for the long horizontal blue line). This ain't rocket science ;-)
The Professor is feeling in a giving mood!
Here is another beautiful chart that shows why VTSI is doing what it's doing and remains in a clear down trend that began last November. Folks, it doesn't really get more bearish that the 20/50 ma's crossing down through the 200 ma. There's an old saying in TA...CHARTS DON'T LIE, PEOPLE DO.
School is out early today folks...minimum day :-)
Way to go NOMAD, your batting .100 so far this year, your predicitons/guesses have been doing well. As a reminder DPTR, DRL, CMZ, GNVC are a few of those guesses. Please spare me with these posts, I would rather see nothing at all on these boards then a self proclaimed genius.
Actually, the chart looks good and it is indicating a short term spike to .08 cents.
By the way, I cannot perceive someone who does not have an agenda to be wasting their time posting on boards. I own almost 1% of all outstanding shares and I don't spend as much time as you do on this.
mc1005 -- what state are you in? I own approximately 2% of all outstanding shares. I am in the Milwaukee, WI area and there is a Watertown, WI nearby.
Wondered if that was you.
Would like to talk sometime about VTSI.
Just call me "Professor" and leave it at that.
You clearly have absolutely no clue regarding technical analysis if you think the aforementioned chart "looks good" and shows a "spike to .08." You are living in FANTASY LAND along with all the rest here.
Want another .02 worth of opine? VTSI will be the same price or lower in July of next year as it is today.
Conversely, here is a chart of another stock using the same indicator that is bullish (not bearish like VTSI). This is a stock one would BUY THE DIPS because it is above the 70ma and will no doubt be using that mark as a major support zone. HL is a very safe buy at/near that 70ma.
Simply put, a stock is bullish above that mark and bearish below that mark. Now you know why VTSI cannot get above that .06 mark... VOILA!! There, I threw you guys another bone :-)