Valeura Energy Inc T.VLE

Nice Consolidation

[Gringotts]

VLE is building a new base around the $3.00 level. This consolidation will provide good support should there be a pullback. The chart suggests, VLE could have another strong run up this afternoon.

Do we know if the tanker is site as of yet? Are they pumping oil?

glta

[cyber37]

The chart suggests…..that stock is overbought since it is trading outside Bollinger’ bend (20,2); nothing drastic but the trend should get within the bend before mounting any substantial leg up. It is also over $3/share so if sustainable that will bring margin traders & as parasitic as they are this will bring more players & liquidity to this stock. All is good but one can hope that all

[Gringotts]

Cyber37. Good post. Money can be made when the market is not thinking clearly. Reality always wins out, though.  Regarding the chart: I was referring to the 5 day chart on 5 minutes at the time. There was a nice dohji and the stock price was at the t-line. We could consolidate there (as we have) or head up into the close. Cheers. 

[firstworld]

2017-2018 when SP went crazy on speculation alone with zero cash flow indicates we need 3-4 mths by then Q1 will be released. SP all depends on SG finally rewarding SH especially after diluting them twice in 3 mths whe  said "no dilution" thats probably fraudulent on its own.

[BERationale]

I'm seeing it is moored now (for the past 18 hours) so they must just be hooking everything up and then will turn the pumps on in time for Thursday. I would be surprised if we see a seperate announcement on Wassana before then. All the right things are setting up for a blowout release pre market Thursday. Let's fly to $4+

[firstworld]

My real time sat imagry shows 2 pirate vessels staging 20 km away to take the payload haha

[Hannamuk]

3 happy trading days before 4 bucks on Friday is noted!  

[litmo65]

This post has been removed in accordance with Community Policy