VNT : At long term break up point now, success will place 30 as the next MT target.

It certainly looks possible that VNT will breakout or at least give the upper end of its key medium term band of resistance from 20 to 21.40 in the near term.

The quarterly chart below is a splendid picture of a multi year reversal hitting it key and game changing resistance barrier, and if theory plays out, when this resistance is eventually taken out the stock should fly, with 30 given as our target for the break when it comes.

One Response to VNT : At long term break up point now, success will place 30 as the next MT target.

  1. machao says:

    Dear Sir,

    Please kindly analyze TPOLY SITHAI TTW TYM and VIBHA.

    Thank in advance

    Ma Chao

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