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LSE's algorithm has been off all week on this board, and it has undoubtedly scared off some weak hands
The MM's have had a great week tho, collecting a surplus of shares at 0.07p and below ready for a very active June
Wow, we've officially seen one whole month without an RNS (over 6 weeks technically), which is a first for Vela
I'm sure JN and the team are working very hard behind the scenes, hence the silence
News expected on many fronts, and June has the potential to be a stellar month
Good luck all & have a great bank holiday weekend
Haha love that Hoping
Court is in session for Mr James Normand, with the accusation of having more fingers in pies than Donald Trump
He is a serial multi bagger. Shorters fear him, board members hail him, and shareholders adore him
Only two trading days left this month, then we can start getting excited for the arrival of the SGS results
I do firmly believe that JN has a few treats in store for us, hence the unusual silence
Good luck all
With respect Stanflan, you’re statement was copied from Vela’s RNS but since then we have had confirmation from SGS that the trial finalised earlier than initially expected
End of June is certainly a possibility, however working with the 28 day timeframe which we’ve been given that will put us at June 9th (2 weeks today)
I’d also like to point out that the “breaking point” on the chart appears to be when we’re expecting the SGS results (2-3 weeks)
The last few months have been a real test for shareholders, and I’m sure many weak hands have been shaken out. But for those who have held strong, it shouldn’t be long before we can reap the rewards. It’s always darkest before dawn
Good luck all
From time to time over the past few weeks I've posted snapshots of Vela's chart, which appears to be showing a repeating pattern where the SP (as shown below)
https://s3.tradingview.com/snapshots/e/eWJt27ho.png
Since the last rise to 0.12p in February, it appears that Vela has been forming a "falling wedge" pattern which is a very bullish indication. Below is a link to show what a falling wedge is, and below that is a snapshot of Vela's chart. Once we break back above the 0.075p - 0.08p range we'll be off to the races. I don't tend to buy into conspiracy theories, but it feels like the 10m sells which we've seen recently have been used to intentionally suppress the SP, for what reason i am not sure
https://www.google.co.uk/search?q=falling+wedge+pattern&rlz=1C2CHBF_enGB858GB858&sxsrf=ALeKk02QK2eZUaw7dFgCbOSY299LxZyyMg:1622024752374&source=lnms&tbm=isch&sa=X&ved=2ahUKEwiWkLqJkefwAhVIUhUIHcHiAs8Q_AUoAXoECAEQAw&biw=1602&bih=843#imgrc=SNe6VcaHYAxVCM
https://www.tradingview.com/x/oEbSVmLM/
Buying pressure is certainly on the rise, although the LSE algo would have you thinking otherwise
After bouncing off the bottom of the trend line late last week we now look set to end the month on a high
Good luck all
Vela Technologies (an investment company under JN) is also going through a quiet period which is rather out of character for the share
Rumours are that James is constructing a deal between both Vela and AAA, which would be fantastic for both companies if proven true
Great contribution to the board Caddy, ha
I can’t get a quote to buy anything over 1m on Barclays. In a few weeks time we will look back at this SP and wish we bought more
Indeed it did Tra1
There seems to be a trend occurring before every significant rise where the SP dips down for a number of days
https://www.tradingview.com/x/eWJt27ho/