Top : Signs of institutional accumulation
February 15, 2011 Leave a comment
TOP’s day chart is showing signs of renewed institutional accumulation. There is a near term barrier from 70.50 to 72.50, but when clearer the stock will be on the right path. And will certainly have new high potential above the recent peak of 80.50.
Currently just below the resistance band noted above, key VST support is 68.50 don to 67.75. As long as this support holds, a move to or near 80 will remain on the cards.