srmatthews888

Victoria looking weak ahead on huge volume

Short
LSE:VCP   VICTORIA PLC ORD GBP0.05
VCP

Huge amount of volume coming in here, yet the price hardly went up. This could be suggesting the volume of trades gone through has been absorbed by the sellers?

Small upper wick also indicating weakness as well as the day before.

Watching this one closely for a breakdown in price, not setting a target here, may be just cover with a tight stop.

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