Versarien - VRS

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...

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

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

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

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

Lots of volume today on no rsn news? looks like buy on the rumours Day, hopefully not sell on the news. It pushed through 100p & touched on the daily 100ma, went through the 20 & 50ma. I see a higher high, if 100 holds then above 120 I think from here..
Below is photo of something happened in China