RE:=======>>> We know very well that VLI will return to 0.06¢ This bozo is a day trader and he makes money off investor's fear. VLI corrected 30% from it recent high. Its oversold on daily and will make a candle hammer by the end of the day. Selling pressure is finished by now. R%, RSI, ect... are in over sold territory.
Technically, VLI, traded too high from its 10 day moving average and must pause for a bit to come back to its support level at .12C which is pivot point, 50 day moving average and 10dma.
Presently making a strong base before resuming go higher either retrace .185c-.21c, or follow through to .40c the first strong resistance. There is not any resistance from .21c to .40c. Most often stocks are very robust on their first and second daily cycle.
VLI, just came out of its Intermediate cycle low ICL after a few months of consolidation, and its in first daily cycle. It might make its first daily cycle high DCH at .185c .21c, or .40c. Don't understimate the possilitiy of any up coming news. The worse case scenario for second DCL daily cycle low is .09C, for the next three weeks.