VMS VENTURES INC. VMSTF

RE: RE: Scotia Target... .91 - $1.01

[Raab_Shapiro]

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VMS Ventures Inc

(VMS:TSX VENTURE)

Industry: Metals and Mining

Competitors:

none

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Tells Me: The recent broadening action tells us that trading has been out of control, but a breakout on the upside suggests we're starting a more decisive uptrend. With its broadening price swings, the Megaphone represents a market that's unstable and out of control. It typically consists of two successively higher highs between three lower lows, and the reversal signal occurs when the price breaks up above the second peak (the highest high) as a sign of a more decisive bullish move.

:	Nov 05, 2010
:	Long-Term Bullish
:	.45
:	.91 - $1.01

:	Weekly
:	4,506,485
:	86 weeks
:	66 weeks

1mth | 3mth | 6mth | 1yr | 2yr | 5yr