I previously wrote about VLX’s (Volex) strong bounce off support (line A).
Despite ASXX -0.7% because of the Cyrpus deposit tax, VLX is +2.9% today as of writing.
VLX has passed resistance line B at about 108p. It’s looking bullish. If it can break above C, at about 116p, then that should give a signal for a leg up to about 145p.
Remember that I know nothing about technical analysis, though.
I hold
111p
Mark Carter's blog 