{"id":858,"date":"2019-04-01T23:15:49","date_gmt":"2019-04-01T22:15:49","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=858"},"modified":"2019-04-02T08:37:36","modified_gmt":"2019-04-02T07:37:36","slug":"versarien-for-2-04-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/04\/01\/versarien-for-2-04-2019\/","title":{"rendered":"Versarien for 2\/04\/2019"},"content":{"rendered":"\n<p> <\/p>\n\n\n\n<p class=\"has-drop-cap\"><strong>Versarien #Gold #SP500 <\/strong>\nApril appears to have started with positive feeling across \nthe market place. Of course, it could be an elaborate practical joke by \npoliticians, designed to obscure the slightly important detail they are failing \nto govern the country. Are they really voting to decide whether to have a vote \nabout a vote? The TV show, &#8220;Yes, Minister&#8221; seems now a work of documentary.<\/p>\n\n\n\n<p>When we last reviewed Versarien in February (<strong><a target=\"_blank\" href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/02\/19\/trends-and-targets-for-20-02-2019\/\" rel=\"noreferrer noopener\">link \nhere<\/a><\/strong>), we&#8217;d speculated on the potential of them dropping to 62p. The \nintervening period highlights the share price &#8220;only&#8221; relaxed to 67p before \nexhibiting a reasonable bounce with the result, some optimism is possible for \nthe future.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/vrsmoves.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>The immediate situation appears quite straightforward.<\/p>\n\n\n\n<p>Price growth exceeding 120p should now make an attempt \nat an initial 125p. Visually, the price has form at this level, suggesting some \nsort of stumble awaits. Longer term, in the event it manages above 125p, we&#8217;re \ncalculating a secondary at 145p, along with the potential for future game \nchanging growth.<\/p>\n\n\n\n<p>We&#8217;re pretty comfortable proposing a glass ceiling \nawaits at 125p, if only due to the whole bunch of folks trapped at this level \nsince October last year and exercising common sense to bail at break even. This, \nalone is pretty certain to cause a stutter. Of course, there is also the bunch \nof folk who can draw lines, assuming the price is about to hit this mythical \nthing called resistance. With closure above 125p, we&#8217;d take this as early \nwarning for longer term growth above the 125p &#8220;glass ceiling&#8221;.<\/p>\n\n\n\n<p>The share needs wither below 100p to justify raised \neyebrows, once again entering a weakness cycle with 60p calculating as the next \ntarget. If broken, it should bottom at 53p.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/vrs010419.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<h5 class=\"wp-block-heading\">  <\/h5>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/1904011.gif\" alt=\"\"\/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"> 1\/04\/2019 FTSE Closed at 7317 points. Change of 0.52%. Total value traded through LSE was: \u00a3       6,140,820,056 a change of -14.64%\n\n\n<\/h5>\n","protected":false},"excerpt":{"rendered":"<p>Versarien #Gold #SP500 April appears to have started with positive feeling across the market place. Of course, it could be an elaborate practical joke by politicians, designed to obscure the slightly important detail they are failing to govern the country. Are they really voting to decide whether to have a vote about a vote? The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/04\/01\/versarien-for-2-04-2019\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Versarien for 2\/04\/2019&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-858","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=858"}],"version-history":[{"count":2,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/858\/revisions"}],"predecessor-version":[{"id":860,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/858\/revisions\/860"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=858"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}