Versarien - VRS

Currently above 100 level, can we see a close above the resistance

Hovering around the trend line area, all I see Is lower highs, no clear direction , if vrs can finish a day above the 100 level resistance then I'd be more positive about this share going higher, if a finish below 90-88 then down we go! 65p would be good target area

vrs - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...LB1+reIAgzNGzQLB72E=
i think caution with longs here imvho. nothing wrong with going long here around 92p the trend line support, but it could well drop a fair way if the level fails, down to the 60's.

A break above the triangle could see 140p area....

it could be argued that we have a H&s top here as well....
The neckline is around that trendline... so 92p is very key here...any break below could well see a decent sell of imho...
could well be the right time to buy....but do be aware of the risk of a drop below 90/92p area....

good luck...
atb, wdik, dyor,
trendfriend

Currently around support area 90p & trend line, could see 110 short term upside or 75,65, what's the opinions on this..

This one is starting to look bullish again...
its broken the main downtrend line recently, Now looks like its heading towards 145 area for a test of strong resistance...




This is one of my long term holdings so take with a pinch of salt...

vrs -daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...9xx+7yg1vkm0R3vE80E=

bang on the trendline...second tests usually fail....but lets see...

the failure of the rsi to get above the 50 neutral level...shows no real strength here imvho...

atb, wdik, dyor,
trendfriend