OTCPK:VGIPF - Post by User
Comment by
Indicatoron Mar 25, 2013 2:01pm
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Post# 21164244
RE: Oversold + chart
RE: Oversold + chart yes it is entering oversold territiry, but these things can stay oversold for weeks if there is something going on that retail doesn't know about.
While lots here would like to catch the bottom to recoup losses and play a bounce, it is a tough call without some inside insight. Chart shows NO sign of reversal yet - until we know more about the fundamental reasons large sellers have been vacating here, I will wait for clear sign of firming in the charts!
Rolling the dice/gambling blind on falling knives is very risky business.