Versarien - VRS

This is looking a little better, just a heads up. I've been following this company and the TA is looking interesting to me. BWDIK

vrs - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...Oi12E6iaVUABi8NbY%3D

decent rally up here....but while it remains within this trend channel at least a reasonable possibility of another lower low....down to sub 20p....which is the ideal entry i have been waiting for...

a break and close the channel cancels that bear view

atb, wdik, dyor,
trendfriend

Monthly chart





Weekly chart




Daily chart, currently around 24-25p, will we see this level as support?

vrs - daily.

uk.advfn.com/p.php?pid=chartscreenshotsh...mGr7GvCFQQUj1QWu4%3D
bullish divergence looks like low is forming at the 37 support area....should bounce although any rally may be limited to 52p....
i may buy a few this morning, scalping only...

atb, wdik, dyor,
trendfriend

vrs - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...h+oPOFX7Mk5g0bJ8QBo=

this still cannot get above the 20 day eam line....nothing bullish about a stock which keeps failing at waht is pretty low bar imho...

more downside to come, unless it proves otherwise...

atb, wdik, dyor,
trendfriend

Have to say....Quite a rally....
tbh just shows the reason i want to buy in here....but i'm only interested if i get my entry level...

Yes, i do think the dead cat bounce should stall around here...
This is still making l/lows and l/highs....and imvho i think one more strong down move to come....but lets see...

The rsi is at resistance and todays candles is testing the key 20 day ema line.....no close above no higher....

we should get a p/b now....and the bar has been set both ways....
i think it should retreat back to the low 50's....if it then makes a h/high...(above todays high) then the d/trend is over...a l/low....then it should hit the numbers the numbers i'm looking for...

lets see....this is still a watch and wait for me atm...

atb, wdik, dyor,
trendfriend