#VERSARIEN #BRENT #DAX This lot, very successfully, achieved our initial, then secondary targets by the start of September. A week later, it closed above our secondary and we didn’t even notice! Rather horrifically, it has retreated, once again at the levels of our August update.
For now, there’s a little bit of messing around going on, requiring the share price actually close a session above 133p before we dare express confidence in coming travel to an initial 162p. Secondary, if bettered, calculates at 215p and a new all time high for the share (At least on the movement cycle since 2013).
As is our wont, we’ve circled a price movement on the chart, one which indicates the growth cycle since 2017 can be broken. This sort of thing, sometimes an early warning signal, sometimes a calibration error, dare not be ignored thanks to Versariens recent volatility. Essentially, it warns of movement now below 107p as being seriously troublesome. Or in plain English, being capable of travel to an initial 94p and possible bounce. Secondary, if 94p breaks, comes along at 62p.
For now, our inclination is to remain optimistic against this.
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
8:25:21PM |
BRENT |
72.58 |
72.05 |
71.22 |
68.54 |
75 |
73.45 |
73.87 |
74.46 |
72.41 |
‘cess |
8:29:05PM |
GOLD |
1233.39 |
|||||||||
8:41:50PM |
FTSE |
7113.5 |
Shambles |
||||||||
8:48:10PM |
FRANCE |
5113.5 |
‘cess |
||||||||
8:51:10PM |
GERMANY |
11556.97 |
11460 |
11375 |
11270 |
11570 |
11690 |
11711.5 |
11934 |
11520 |
‘cess |
8:55:40PM |
US500 |
2723.42 |
‘cess |
||||||||
8:58:05PM |
DOW |
25267 |
Success |
||||||||
9:04:59PM |
NASDAQ |
6972.5 |
Success |
||||||||
9:07:14PM |
JAPAN |
21976 |
Success |
2/11/2018 FTSE Closed at 7094 points. Change of -0.28%. Total value traded through LSE was: £ 7,898,425,259 a change of -6.23%
1/11/2018 FTSE Closed at 7114 points. Change of -0.2%. Total value traded through LSE was: £ 8,423,507,721 a change of -6.44%
31/10/2018 FTSE Closed at 7128 points. Change of 1.32%. Total value traded through LSE was: £ 9,003,178,238 a change of 33.39%
30/10/2018 FTSE Closed at 7035 points. Change of 0.13%. Total value traded through LSE was: £ 6,749,504,643 a change of -3.13%
29/10/2018 FTSE Closed at 7026 points. Change of 1.25%. Total value traded through LSE was: £ 6,967,500,678 a change of 19.11%
26/10/2018 FTSE Closed at 6939 points. Change of -0.93%. Total value traded through LSE was: £ 5,849,417,776 a change of -20.24%
25/10/2018 FTSE Closed at 7004 points. Change of 0.6%. Total value traded through LSE was: £ 7,333,860,753 a change of 6.42%