Versarien - VRS

vrs - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...F49K02PsP3Yn%2Fag%3D

classic retest of the 50 day ema line feature....which looks to have failed as its now dropping off...

This has also done a 1,2,3 high formation....so basically a lower low confirmed yesterday...

i too think the main trenldine or the 200 day ema line around 100/110p area is now highly likely imvho...

atb, wdik, dyor,
trendfriend

f0-e.rt.prorealtime.com/ProRealTimeNew/d...sprlfhff3n7&type=png
I don't like the huge drop we have seen so far this week & wonder if the short term trend line at around 151 will hold? it did test it more than once today!

I do like the thought of having a chance of entering at the main trend line which does look a long way away for the short term.

I have looked at Fibonacci retracements short term (from May) & long term (from 2017)

I don't like how the RSI & Stochastic’s are turning downwards on the weekly

I think around the 142-145 short term time frame (tomorrow) has some support if short term trend line is confirmed broken. Then 125 area based on the fib's & worst case the main trend line(the ideal entry point)

DYOR MRA4

Interesting chart and price action here....

you have a lot of the numbers already below....so good work there..

vrs - long term daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...bCR63Xr9QIv3QzcmI%3D

This shows the price supports level, and the main trendline....i make it below 100p atm...
whats interesting here is the rsi seems to be holding support (so far anyway!)...

vrs - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...0cj0QqFmhg+fwTQHjiw=

close up here, and you are right, this bounced of a shorter term trendline today...
i make 159p (50 day ema line) and 149p (trendline) the key here (see note on the chart)

This does have a pattern, of consolidating after a rally....so basically a bull flag consolidation then rally....and thi scould well be another one of thos ep/b's.....but those p/b's usually hold above the last previous rally peaks....this time it seems to have gone below the last peak...

I think watch 149p now imvho....and look for a rally back above 159p....don't really want to see more than a few sessions below 159p....
below this 2 numbers could see a further p/b 100p area again imvho...

Finally for a bit of fun...another technical event took place here...which is also important i think...
Can anyone see it?? c'mon folks...get yer charts out...

I will be back tonight....to see if anyone can spot it!

atb, wdik, dyor,
trendfriend

Has anyone looked at VRS recently with regard to General support Levels,

I think today the 151 Level was on a trendline back from May & at a fib support. If this level does not hold Today, i have around the 142 level & then main trend line which changes every day, maybe 126....

Hehe can well imagine, money+friends+ expectation is not the mellowest recipe, however, should you change your mind then count me in because i'm truly awful at this

Lol,,,tried that with a few friends, but it made me really stress out big time and could not handle the pressure..lol...

roxalana wrote: ...and that is why i asked you years ago to start a fund, so that people such as myself who are rubbish at this game, can give their £ to you Remo, who are very far from rubbish at this game & we could all live wealthily ever after, you with your well earned (pick a number below 100%),commission & i with something amounting to more than a few copper coins wrapped in a spotty handkerchief tied to the end of a stick