VNG : First support now 4.64.
March 3, 2011 Leave a comment
We noted the importance of 4.48 as a support for VNG early this week, and also that a rebound and close above 4.6 was needed to turn the near term prospects around. Today was good day, but watch 464 as key support the Friday and early this week. If it holds, it should be enough to foster a move t0 or very near 5. If it fails, 4.4 will be the target.