VW Win Century, Inc. Heads to $2

VW Win Century, Inc. Heads to $2

VW Win Century, Inc. Heads to $2

This bid with a top of $2 this looks ready to tank, there has been some distribution to retail buyers that will turn ugly in the near term.

Overall, the bias in prices is: Toppish

Short term: Prices are stalling

Intermediate term: Prices are trending lower

Note: this chart shows extraordinary price action to the downside

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The projected upper bound is: 4.42.

The projected lower bound is: 1.58.

VW Win Century Inc., an Asian and American-owned publicly traded company, intends to build, own, and operate sturgeon theme parks. The Company believes that it will become the world’s first and only high-tech sturgeon aquaculture theme park. The company’s primary product will be caviar, which is used in high-end cosmetics, skin care, and medical related bioscience stem cell industries. The company also intends to enter the online gaming business.

The company’s goal is to commence operations in both industries by the end of this year. The company intends to focus on existing opportunities in the Asian market that have above average operating margins, sustainable growth, and undervalued assets.

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 90.6191. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a sell 3 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 60.23. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. (*ERROR*: Function did not return a value)

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 142.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a sell 4 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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