February end up being a clear volumes increase  8,8 mil for VIV, well above average compare to previous 6 months & on 5 months matching low... (seems to be ««IMO»» a solid floor) with some good TA ind showing strength we may think that things are turning.
See lower the monthly chart.  Xtrem long link I know!!!

It's still in a wait and see mode, but IMO it's worth watching if will effectively turn. 

Add from this daily chart, we can also see that accumulation is on the rise as well.

Again it's just my 2¢  please DD!

dly chart :
http://stockcharts.com/h-sc/ui?s=VIV.V&p=D&b=5&g=0&id=p63731431526


Monthly chart: http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=CA%3AVIV&time=9&startdate=1%2F4%2F1999&enddate=3%2F3%2F2014&freq=3&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=20&uf=8&lf=1&lf2=65536&lf3=128&type=4&style=330&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=26&y=17