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clock Created with Sketch. 29/02/16
10:19
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Originally posted by nine lives
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KG, I love a good chart but atm I don't think the chart can tell us too much. This needs news, news and also some news. Draw a line on the chart through 6c and you will see that 6c has been major support/resistance so drifting back to that level in anticipation of news next week is no surprise imho. No news or unexciting news and it will drift down again. But I think the other guys commenting here are right. Leanne Graham has probably coached the team in clever news release. We saw last week a preso and a video interview one day to stimulate some interest followed up by two new Velpic platform features announced the following day. As a result we got to 7c. We are due to hear about the NZ BDM and there may well be a few more new clients to be announced as it has been a few weeks since the last batch were announced. So maybe we get the half yearly on Monday with some upbeat rhetoric attached and then build on that come Tuesday with an announcement of the new BDM and more clients. Hopefully that's the way it will go and this time I hope that 6c resistance gets smashed and gets smashed real good. The market is a tough audience at the moment so the boys and girls at Velpic will just have to keep on keeping on until this reaches escape velocity which I am sure it eventually will.
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Thanks so much for taking the time to reply. I really appreciate the effort and i take a lot of lessons from your views. Keep up the great work we are all much better off for having you here. Good luck to you and all VPC holders.
