Pull Back Fishing

NYSE:VEEV   Veeva Systems Inc
Earnings were not received well.
Veeva Systems (NYSE:VEEV): Q2 Non-GAAP EPS of $0.94 beats by $0.08; GAAP EPS of $0.67 misses by $0.03.
VEEV is being punished today and is now trading below the 50 SMA .

Negative volume ramped up significantly today, so smart money interested in the pull back. There is a gap below the handle low.

One reason it is not a good idea to own too many securities, is it can be hard to keep up with earnings dates. Guilty )o:

No recommendation

Reported EPS or GAAP EPS is the earnings figure derived from generally accepted accounting principles (GAAP).
Ongoing or pro forma EPS excludes unusual one-time company gains or losses.
Carry value or book value EPS is the real cash worth of each share of company stock.
Retained EPS is the amount of the earnings kept by the company rather than shared as dividends.
Cash EPS is the actual total number of dollars earned.

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