Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The cruellest thing that you can say about Vatukoula (VGM) is that at least the downside here is limited to around 9.25p. The kindest thing that is on offer from a technical perspective is that there is the chance, and it is an outside chance, that after what has been a painful and relentless breakdown for the stock in the recent past, it will finally find a floor at 8p.
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