RiderTrader

$VEEV (DAILY) - Cup Breakout

Long
NYSE:VEEV   Veeva Systems Inc.
$VEEV (DAILY)

Awaiting Cup breakout as on 1st Sept 2020 till 8th Oct 2020
Possibility of formation of handle till 9 day EMA @ 282.29

Buy above high of 298.76 being height of cup supported by pivot on 2nd Sept 2020

Target Height of cup for $43 move
OR
Target 2*ATR for $19 dollar move

RSI > 60
9 day EMA > 21 day EMA > 50 day MA

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