Stock in Focus: Vista Land & Lifescapes (VLL)

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Villar-led property firm Vista Land & Lifescapes (stock symbol: VLL) has seen choppy trading since my January post, with the stock moving in a tight range above the 5.00 level until today.

Philippine Stock Exchange, Vista Land_VLL Daily chart, March 21, 2014

VLL Daily chart, March 21, 2014

The Detrended Price Oscillator (DPO)  has stayed above the zero level for more than a week now.

The 5.80-6.00 area is still the next major resistance. On the downside, 5.00 should keep holding. The incomplete ascending trendline could also act as a secondary support.

Do you have VLL in your portfolio? Share your thoughts below!

 

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