The stock of Villar-led property firm Vista Land & Lifescapes (stock symbol: VLL) has set a new all-time high of 8.59 on March 31. This was VLL’s first attempt through the 8.00 level.
The stock has retraced ever since, and is now trading just under 8.00.
VLL would ideally settle at 8.00 and form a major support. Otherwise, the next ideal area for bulls to set up camp is at 7.00.
This stock is bullish as long as it is above its LITS (line in the sand) at 7.00.
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