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VCSC Daily - Property rally but VIC left behind

Market Commentary

20 Dec 2012

Technical comment. Profit-taking may continue at the 400 and 55.5 resistances tomorrow. The closest supports are 387-390 for the VNI and 53-53.5 for the HNI. Swing traders should wait for better prices on the dips. Investors that have bought on the high side in recent sessions do not need to sell but can average down as the short-term uptrend is intact.
Tags: VIC

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