VPLM - Powerful Descending Triangle

Every time we have a consolidation this last year we end up breaking out on rumors, running up higher than necessary, then crashing back down on GOOD NEWS. Last time it was a settlement issuance but things are in a NDA. There is an insider selling on this one but its very low of % compared to what the individuals own.

We have a great descending triangle with lawsuits coming up in Oct. Dare I predict that we will soon again have rumors of something? This would match well with the descending triangle and the volume that is coming in as of late.

Did I mention we also have a nice hammer candle on daily and 3 day?

Regarding recent news (via yahoo):

The cases vs Verizon and T-Mobile continue to move forward with trials scheduled in October.

“This is all very good news!” said Emil Malak, CEO of VoIP-Pal. “Our team is very pleased with our progress to this point. As a result of the termination of the section 101 motions in NDCAL and 8 IPR’s, we have managed to consolidate our many legal battles and can focus our resources and efforts towards getting to the finish line. We can now see a clear path to what we hope will be a fair resolution for all our shareholders. Patience is a virtue.”

Not financial advice, DYOR


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