VS has a potentialBoth the candle and the volume are Alpha. This means it might has some potential to the north. Closed at 1.65
VS trade ideas
Trading Idea - #VersusSystems #AI Trading Idea - #VersusSystems - LONG
Entry: 0.90 USD
Target: 2.60 USD (profit +280%)
Versus Systems (NASDAQ:VS) entered definitive agreements with institutional investors for the purchase and sale of 2.5M shares at a purchase price of $0.90 per share in a registered direct offering priced at the market under Nasdaq rules.
Versus Systems is shooting up on news of a partnership with Resolve Debt. The company is known for innovating interactive audience engagement through gamification technology. Now it plans to take its mission a step further by entering the artificial intelligence (AI) race.
VS | Nice Price Action Decline | BounceVersus Systems Inc. develops and operates a business-to-business software platform in the United States and Canada. The company operates eXtreme Engagement Online, a platform that allows live event producers, professional sports franchises, video game publishers and developers, live event producers, and professional sports franchises, as well as other interactive media content creators, to offer in-game prizing and rewards based on the completion of in-content challenges alongside other user engagement tools. It primarily sells its access to platform and service offerings through its direct sales organization. Versus Systems Inc. is headquartered in Vancouver, Canada.
Versus Systems is tempting a strong support levelIt has been bouncing off the 200 daily candle EMA since March. I do not think it will break that support and start a downtrend, on the contrary, I consider it to be a good entry point.
"Versus Systems Inc is a Canada based company. The company is engaged in the technology sector and is developing a business-to-business software platform that allows video game publishers and developers to offer prize-based matches of their games to their players. "
NASDAQ:VS
