Stock analysis Varroc Engineering Ltd. VARROC
Recent prices of VARROC Varroc Engineering Ltd. are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast of Varroc Engineering Ltd. Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Varroc Engineering Ltd. VARROC at this time. Stock is rising and might rise more.
It appears as if Varroc Engineering Ltd. VARROC gave a large move recently.
Stock of Varroc Engineering Ltd. (VARROC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Varroc Engineering Ltd. is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 497.5 as stoploss in an intra day sell trade for a target of 467.8. However, stock will show a bullish move above 497.5.