Verbio $VBK improving fundamentals

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Verbio $VBK improving fundamentalsVerbio SEXETR_DLY:VBKCryptovicciVerbio’s weekly chart shows a repaired base after a long decline. Price has been making higher lows and is pressing the range top near 13. A weekly close above 13 would confirm a breakout, opening room toward ~15–16 and then ~18.8. First supports sit around 10–10.5, with 7.8 as the key line to hold; a break below 7.25 would invalidate the base. Fundamentals are turning more supportive. Biofuel and feedstock prices (UCO, tallow, RSO) have been firm for the last six months; the share price looks to be lagging that improvement. In Germany, GHG quota (“THG-Quoten”) prices have recovered, which should lift realized revenues and margins. Into the 25 Sep report, the set-up is straightforward: strength above 13 signals a new up-leg with improving spreads as a tailwind; failure there likely keeps the 10–13 range intact. Overall, a constructive technical picture with improving industry pricing makes this an interesting spot ahead of earnings.