Path of least resistance still looks lower to me, Watching for this to catch a bid. Love the idea but is it really working? Price is just hanging in there waiting for some confimration it's time for Graphene and VRS to make it's mark on the world.
Some strong resistance above from Anchored Vwap. Be interesting to see how it plays out.
Versarien breaks 106 resistance, which was in place in June 2018 and tested 7 times in all since then. Looks bullish. Let's see.
Best Graphene UK company I had the experience to follow. Always liked the company and if trend is kept this is where I see the support levels. Placing will obviously have an impact this monday and for a little while we might go sideways till further news on this deal which might be amazing.
Unbiased chart view Good support at 0.382 fibs at 82.4p if we come back as RSI is overbought at moment, but looks good to continue the uptrend.
#VRS Long Term Technical Analysis (Just my technical analysis of what I see on chart at the moment. No advice intended.)
#VRS $VRS Versarien Idea This is just my analysis. No advice intended.
i will be watching vrs for signs of reversal next week with a Possible sidetrap. A sidetrap is basically what you see here when a stock trades sideways in a period of consolidation breaks down and then reverses which can make for very rewarding swing trades.