Valirx Share Discussion Threads

[nico115] 11/10/2020 12:14

Great technical analysis Thanks for sharing I'm of the opinion that once detailed 201 results are published this quarter we will receive an upfront payment in excess of our market cap of 14m poundsI'm fact I'm expecting it will be double this Prostate cancer is a huge market and to have 54 pct of patients showing an improvement with v few side effects is truly fantastic and bodes well for many companies wanting to take 201 to the next stage

[francoismyname] 11/10/2020 10:22

Someone shared this excellent technical analysis on LSE. Looks very promising for the next week.

Technical analysis: ValirxSat 17:30
This is what i'm seeing when i look at the Valirx Chart:

Daily Chart:-

1) The price action respects the 50 dma! Have a look at it yourself. We have come back to the 50 dma.

2) There are many useful indicators but i like these three: RSI, CCI, Stochastic. I find these three to be most accurate!
Please have a look on daily chart with these indicators!

ALL THREE INDICATORS SHOW VALIRX IS EXTREMELY OVERSOLD!

2a) STOCHASTIC:- We hit the June 1st low (4.78)! Just spend few minutes looking at the chart and you will see how perfectly it follows the price action from highs to lows.

2b) RSI: Lowest in 6 months! OVERSOLD!

3) SUPPORT ZONE: On 1st of May we spiked to ?23p. We have NEVER closed in the support zone (23.5p-22p). Too many buyers or high demand area! The price action is respecting the support zone!

4) DRAGONFLY DOJI. Friday daily candle (Google it and you see what i mean= bullish)

5) We formed a symmetrical triangle chart pattern and i expect us to break out early next week.

6) From 3rd September to 18th September = 13 days consolidation zone!
From 29th September to 9th October = 9 days consolidation zone!

From my experience it's between 80%-120%.

7) A close at or above 26.5p will be VERY bullish and will indicate a start of new upward trend! WHY? Because it cancels the whole of last week downward move.

8) Look at the 4 hour chart: Look at Thursday from 12pm to Friday 4.30p ( 5 candles) . What do you see? Almost flat line! (Rate of change). We know that an object needs to come to rest before changing direction.

Let me make this really interesting and detailed:- Look at these times on 4 hour chart!

15 Sep 12pm - 21 Sep 4.30pm
6th Oct 12 pm - 9th Oct 4.30pm

Repetition of patterns is what TA is based on.

What i think or feel doesn't matter. All of you are free to google each of the points i have posted and do your own research. TA is very simple if you know what you are looking for. Just keep your personal opinion and emotion out and look at FACTS!

We are OVERSOLD and I expect VALIRX to move up!

[uknighted] 09/10/2020 22:27

“ I will be looking to do the opposite to everything Johnsmith says as he is the best contra indicator” so presumably you are selling up on Monday nico!

[nico115] 09/10/2020 22:12

Good man I knew you would see the light 158p price target ?

[johnsmith777] 09/10/2020 20:05

Evening Nico, I'm buying on Monday. Have a great weekend!

[wulber] 09/10/2020 19:27

He looks like a good indicator of what NOT to do Nico, Lol

[nico115] 09/10/2020 18:59

Really annoyed with Johnsmith as he told me to short two stocks Val at 6p now 24p ..luckily I went long at 6p ..up 400 pct so far plus huge gains locked in And Novacyt at 30p now 850p up 2800 pct ..damn never bought them I will be looking to do the opposite to everything Johnsmith says as he is the best contra indicator Good weekend all

[wulber] 09/10/2020 17:18

Looks like a double bottom forming so with an RNS should hopefully bounce nicely from this new support level at 23.5p.Have a good weekend and GLA.

[jungmana] 09/10/2020 16:10

Should turn around next week imo. Way oversold and worth at least 50p share price.Added a little earlier

[nobbygnome] 09/10/2020 15:48

This company is definitely worth more than £13 million now they are well funded and the days of the death spiral placings are over.

[nico115] 09/10/2020 15:24

Great performance after a torrent of deramping this morning by the usual crew who are desperate for stock There just ain't any Mkt cap of 13m pounds ..should be more like 130m as we are nearing a cure for prostate cancer As Suzy has recently said it simply "WORKS"

[jusjusjus] 09/10/2020 15:21

being offered 23.34p to buy, so sells may be buys again while we are 23/24p

the 1.7k and 38.9k are buys

[jusjusjus] 09/10/2020 13:43

true, but the mm's will know how it will look when it goes through the algorithm

but I'm just a conspiracy theorist!

[eaglet] 09/10/2020 13:36

The market makers only have to show the price. They never disclose whether it's a buy or sell.

It's only ADVFN which guesses whether the trade is a buy or sell, using a simple but often inaccurate algorithm.

[412069] 09/10/2020 13:17

Smoke and mirror's when ever they can apply it they will.

[jusjusjus] 09/10/2020 13:16

being offered 22.9p now, at least will now show properly as a buy!

[jusjusjus] 09/10/2020 13:12

can do what they like on AIM

[jayj4u] 09/10/2020 13:09

MM are showing buys as sells. Can they do that?

Im still looking to add more.....

[jayj4u] 09/10/2020 13:09

MM are showing buys as sells. Can they do that?

Im still looking to add more.....

[jusjusjus] 09/10/2020 13:08

23p to buy, but offer shown as 24p, so buys showing as sells, wonder if mm games are suckering in sellers to fill buy order(s)?

[wageslave] 09/10/2020 12:12

Interesting index. No mention of VAL though. https://www.voxmarkets.co.uk/index/vox-covid-19/

[nico115] 09/10/2020 11:04

Would be shocked if we aren't nearer 30p today and if not next weekNo sellers around They all sold out on back of the fool John who was buying Val at mkt cap of 35m !! And now we have slashed costs is deramping to buy He's gone AWOL now lol

[nico115] 09/10/2020 11:00

Great piece Thanks so much Wulber !!

[nico115] 09/10/2020 10:57

Couldn't have put it better myself And the only reason why people like John trash a share with such huge upside like Val is 1/ they are short from lower and desperate to buy back lower 2/ they got let down by mgmnt ..he is obviously bitter and missed out on the stratospheric run To me volume is drying up ,I struggled to buy 120k as the market were all buyers Not hard to cotton on that 65p to 23p is enough of a fall ..

[412069] 09/10/2020 10:57

It’s slowly creeping back up JS.