Price has risen to break above $1.73 resistance which price has 3 prior attempts to get above over the past year. The break had some daily volume and suggests a target of $1.98 - although VCX had (unlike many stocks) a lacklustre rise from the March 2020 Covid low, suggesting some weakness. Resistance levels are really bands and there still remains a reasonable possiblity price will again fall back.

VCX 3 Sept21


Robert Norman

Phone: 0428 346 951

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