VLX – share price up

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

About mcturra2000

Computer programmer living in Scotland.
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