[BULLISH]: Village Roadshow has formed a new Advancing White Soldiers pattern.
Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend.
Calculation: White Soldiers Candlestick Pattern: This pattern consists of three consecutive long-bodied candlesticks that have closed higher than the previous day with each sessions open occurring within the body of the previous candle.
PROFILE: Village Roadshow (VRL.AX)
Stock Exchange: ASX
Company: Village Roadshow
Ticker Codes: | VRL.AX | ASX:VRL |
Village Roadshow Limited engages in the theme park and water park operation, film and DVD distribution, cinema exhibition, and sales promotion and loyalty program operation businesses in Australia. The company owns and operates theme parks and water parks that provide entertainment, rides, and slides for families and thrill seekers in Queensland's Gold Coast and Sydney, Australia, as well as Las Vegas. It also operates approximately 722 cinemas at 75 sites in Australia, Singapore, and the United States. In addition, the company distributes theatrical movies to cinema, pay television, and free to air television in Australia and New Zealand; theatrical, television, and children's content for electronic sell and transactional video-on-demand through iTunes, Foxtel, Telstra Bigpond, Google, YouTube, and other online platforms, as well as provides ultraviolet capability on theatrical and television releases across DVD, Blu-ray, and digital transactions; and holds distribution rights for various movies. Further, it engages in the provision of loyalty and reward solutions; and development, financing, production, marketing, and distribution of films for Greater China, Singapore, Australia, and New Zealand. The company was formerly known as De Laurentis Entertainment Limited and changed its name to Village Roadshow Limited in 1998. Village Roadshow Limited was founded in 1954 and is based in South Yarra, Australia. Village Roadshow Limited is a subsidiary of Village Roadshow Corporation Pty. Limited.
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