It seems that VMC is looking upward towards the resistance slope. Slowly but surely price climbed and pass the middle of Bollinger Band. The ascend was seen starting from the Harami pattern last week. Will it continue to go up pass the resistance level? Looks like the bulls still has a lot of stamina to [...]
A not so good image of VMC‘s daily chart. Price went further down and almost closing below the middle band. Our Dark Cloud Cover yesterday may have just been confirmed. There might be some spikes tomorrow but it may not be able to sustain. You may consider it a fire exit. Caveat!
After the rally and seeing the White Closing Marubozu, VMC did a dip today and looks like it is forming a bearish Dark Cloud Cover. Is this still a test of support or the rally is finish? But there are only few trades today. Does it mean these are just the small time traders trying [...]
VMC broke the silence today as it advanced by 9%. It wasn’t a straight up rally as we seen it retraces around early afternoon. It closes just above our psychological resistance 1.40 and could be just the first day of ascend? White Closing Marubozu is our candlestick today which is not a strong signal. It [...]
Lately have been watching VMC‘s movement. It is slowly going north and last week’s move showed move bullish bias as it close above our Bollinger Band‘s middle band. There must be a story here as I notice CITISECURITIES, DA MARKET SECURITIES are buying without selling since mid November. PAN ASIA and GOLDSTAR sold only a [...]
This stock has been crawling like a snake. Is it time for its head to take a breath of fresh air? Today’s price reach the same level last July when during that time it started to climb up. Today’s candlestick is a spinning top which is also the same as last July. Will there be [...]
There is no valid pattern among the candlesticks that I can see that will tell us where it will go for the rest of the week. VMC went as high as 1.50 this afternoon but the KJ Credit Sus (maryahosep) was dumping its shares at an average of 1.3586 This house didn’t buy any share [...]