PINL:VLTAF - Post by User
Post by
ALLEN4on Jun 07, 2012 9:27pm
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Post# 19991625
moving average, volume
moving average, volume Let's blast through that 50 day moving average tomorrow which is 82 cents. see chart below
https://ca.finance.yahoo.com/echarts?s=VTR.TO#symbol=vtr.to;range=1y;compare=;indicator=sma+volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
It has also been my observation that with VTR volume precedes a price increase, like a rocket firing up before blast off, so I see the relatively high volume yesterday and even more significant volume to day as a positive indicator.
When I was away from the office I was asking about the price of gold today and wondered what caused the drop but no one had any answers. Now I find that its because Bernanke gave no hints about QE. People are so short-sighted with this need for immediate gratification. It should be abundantly clear that it is coming probably in both Europe and the United States, but because we didn't get it today the gold market sells off, ridiculous