Member Info for Reprobus

Here's another graph without the arrow
I've also adjusted the lower support line to give a more accurate view of of our trend

https://www.tradingview.com/x/dZh9SZHm/

For those interested in the dark arts of technical analysis, I thought I'd take another look at the Vela chart.
And as I've said in the past, I don't tend to apply this to AIM shares although I do find them highly beneficial in the Crypto market

To give a brief explanation to what you're looking at, the coloured sections in the background is a 'Fibonacci Retracement' tool which I have set on the lowest support area of this 9 month trend, and a strong resistance area
The three green lines coming from the "spike" in August are simply lines going from one spike to the another, to observe if the share price seems to react when they cross paths
The black line at the bottom of the graph is our trend line, which demonstrates that Vela has been creating "higher lows" since August, which is coincidentally when James Normand was appointed as a Director
And the arrow below is something I've crudely put in to demonstrate the "pattern" I'm seeing

https://www.tradingview.com/x/6Yd63awG/

Of course Vela is more than a Covid stock.
Indeed our heaviest investment (currently) is in a Covid treatment trial, but as we’ve seen with MODE, if JN likes the look of something he’s happy to top up on the investment. Granted MODE hasn’t been a great performer so far, but Bitcoin still has a long way to go on this bull run and as it pushes north towards the $100k barrier MODE should in crease in value too, especially when they release their “super app”

I’m under no illusion that the SGS trial would have a negative effect on Vela’s share price if it was not a success. However, based on feedback already received on AZD 1656, I am highly confident that we’re going to receive the results we desire

I’m particularly interested in our “Aeristech” investment. The technology being used here is cutting edge and the market they’re operating in is growing rapidly

Let’s not forget the nice chunk of change sat in the bank, worth more than 22% of our current Mcap.
Zero debt and a great managerial team

It's nearly getting to top up territory for me ;)

Fingers crossed Dave. It’s not like Vela to be so silent, but I am thankful for it as it’s allowed me to build up a rather sizeable holding at a nice low average

Those who have been here for a while are aware of Vela’s SP pattern and know we’re not far away from liftoff territory again, the only difference being this time around our fundamentals are way stronger than they were a few months ago and the positives just keep coming

Out of all of my investments across many different asset classes, I am by far most bullish about my Vela holdings with JN at the wheel. His track record speaks for itself and it’s clear that he’s determined to make Vela a success based on how he’s restructured the company so far. I can’t wait to see what he has in store for us in the future

Have a good weekend peeps

A few of us are in the same boat unfortunately

Thanks for the tip D2C2, has anybody done this yet? I wouldn't have thought it'll take them long to officially sort it out

Can't sell my CLP on Barclays, and cannot find QBT

Not available on Barclays yet

QBT dropping back to 2p isn’t out of the question, especially after the last RNS. I know a lot of people were hung up on the fact that JS was a major shareholder, and the fact he had his money invested gave many confidence.

With that said, if the company release a good plan for business and the court case is a success, we’ll be north of 3p again in no time.

Wether the price drops or rises is good with me, I’d like to pick some more up on the cheap but if the opportunity doesn’t arise it won’t be the end of the world

Good luck all

I'm hoping we don't hear anything tomorrow, or Monday, so I can collect a few shares at 2p again ;)

Sliced some of my CLP shares after the recent John Story RNS

Couldn't resist picking up some more Vela at these low low prices

News cannot be far away now, i'm sure we're all on the edge of our seats with excitement

And right on queue we've started seeing posts from de-rampers who are looking for a cheap entry

Good luck all

The incoming RNS must be 10 pages long with the time it's taking ;)

In James Normand we trust

I did, there was no drop of the ask. Today's buying price is a good entry imo

Nothing to worry about, it was apparently an order closing

That sell at 0.066p has confused me too, no idea how or why it went through but thought i'd take the opportunity to buy some more just incase the ask dropped too... which it didn't haha

Decent buying pressure today although the SP is not yet reflecting it; people are certainly taking positions before the first set of SGS results imo

I'm quite looking forward to an update on the Aeristech IPO and i'm curious to see what JN's planning to do with the £2m cash. Realistically an RNS can drop any time now as our last one landed three weeks ago, which is quite a long wait by Vela's standards

Good luck all

With technical analysis, generally you'll start with the highest high and then relate it to the next highest high; then proceed with the next one and so forth. This means you aren't drawing lines in any old random place, but drawing lines in areas defined by the graph itself

This is also the same for the lowest lows when defining a direction which the trend is going in. To note, the white line at the bottom of the graph i posted isn't placed accurately as the bottom trend line is relatively flat, i should have removed it really

As i said, with AIM shares this can be very hit and miss, but in Vela's case it does look to line up rather accurately.
I tend to apply TA to Crypto currencies but it is also commonly used for Forex trading, Commodities, and possibly a few other trading classes

Only 9 trading days to go before the “reporting of the initial study results”

Although I don’t tend to apply technical analysis to AIM shares, Vela is looking very bullish on the daily chart. Every time we’ve crossed the green intersection lines there has been a decent rise in the SP, and we’re fast approaching the next intersection which just so happens to be the same time we’re expecting the initial results from SGS

https://uk.tradingview.com/x/qB5CbLQs/

Everybody who has remained patient with Vela and accumulated on the dips are soon to be rewarded

Good luck all

I made the most of last weeks drop(s)

Currently locked, loaded and awaiting good news

Good luck all