I found these 3 articles particularly interesting. Here's my...

I found these 3 articles particularly interesting. Here's my take on them:

(1) https://www.vanadiumprice.com/indias-delectrik-systems-starts-commercial-production-of-containerized-redox-flow-battery-systems/
This article deals with the slow consolidation of VRFBs in India - we already know that the Indian and Chinese economies are growth engines and will end up changing the commodity consumption paradigm, if not already happening.


(2) https://www.vanadiumprice.com/invinity-energy-systems-completes-feasibility-study-for-vanadium-flow-battery-project-in-uk/
The UK, is starting to feel its way around the energy storage economics and low carbon life cycle of VRFBs - go you beautiful thing!

(3) https://www.vanadiumprice.com/flow-battery-firms-stryten-and-cmblu-make-moves-in-us-market/
Talks about the inroads attempting to be made by a German VRFB company into the US market - Its not if, but when the US joins the VRFB party, then we'll have China, India, Europe, UK and the US pushing the CAGR of Vanadium usage.
The billion dollar question then is what happens to the steel sector - they would have to pay a premium for Vanadium right?



On the price action side of VR8, we have, firstly, the daily charts:


On the Multiple Moving Average (MMA) plots, I can see the 9EMA has already crossed the 200EMA with the 21EMA closing towards the 100EMA and hopefully crossing it soon. I like to think of the 200EMA as the long term historic average.
You can also clearly see that price-action is being supported by the 9EMA (staying above it).

The weekly charts (IMHO) tells an even better story from a midterm trend viewpoint.
I can see that the MACD (12,26) has crossed the signal line with reasonably good momentum - however, I'm still cautious as the signal line has not yet crossed over the Zero line - I'm confidant it will though - all depends on certain re-rating points along the company's journey as well as Vanadium commodity prices.