Saturday, October 27, 2012

Basura Plays 101: Its PWR All Over Again!

Or Is It?

(Click Image To Enlarge)

But unlike PWR that had no "other" resistances, VITA still has one more to take out @ 1.72

It's Amazing how players and the market as a whole react to certain patterns. But of course, there's always that possibility that the market and players have changed. Trade with caution.

Update 10.29.2012

It could have mimicked PWR if it closed near the highs. 
But alas it did not. Too bad.

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  1. Zee, yan din nakita ko. exact same chart as PWR. :D

  2. Hi. Do you think the play in VITA is over? I was able to buy near the top so there (aep 1.7). Charge to experience.

    Should I just cut loss or hold? Earlier it went up again as high as 1.67 from 1.3 then close at 1.52.
    Although price is still increasing slowly the past two days. Your thoughts would be appreciated. Thanks.

  3. Dear Anonymous,

    I think the play is still on for VITA As long as 1.2/1.3 Holds.
    For now, I'd stay out of the issue and wait for the dust to settle.
    Too much volatility can be bad for the heart. hihihihi