Short-term Trend Line: The VBL has been trending upwards since the December 2020 low, with a short-term trend line around 9.50 Medium-term Trend Line: The VBL has been trending upwards since the September 2020 low, with a medium-term trend line around 11.20 Long-term Trend Line: The VBL has been trending upwards since the March 2020 low, with a long-term trend line around 8.50