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 Gold/Mining/Energy : Verde Potash

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To: The Jack of Hearts who wrote (10952)7/14/2012 10:59:22 AM
From: stuffbugRead Replies (1) of 14389
 
Not a pretty end to an ugly week.

- No morning star, no bullish harami follow through
- From what I observed (I am NOT a tape reader), it appeared that the buyers went golfing (or drinking or both) after Friday's open
- No selling onslaught, just patient buyers waiting for impatient sellers to dump their shares in frustration
- One minor positive: over half the volume was at prices above Thursday's close
- Volume weighted average price (VWAP) actually went up on Thursday & Friday
- VWAP values for the week

3.54 Fri Jul 6
3.17 Monday
3.11 Tuesday
2.84 Wednesday
2.86 Thursday
2.92 Friday
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