Veeva Systems offering a nice set-up for a swing trade. I must admit I've been a bit of a shopping spree lately. Will be interesting re-visiting these over the next few days (or weeks).
I love it when fundamentals and technicals line up together. I am in general very bullish towards cloud-software companies, thats the future, especially when they have a footing in the pharma industry like veeva. This is a huge market and growing strongly year by year. The chart is a textbook bull flag. I am expecting a move into 80$ over the coming months....
Very weak sector, & we are in top of a rising sedge system. Money flow is showing strong divergence, It has huge downward potential if it breaks down. You can check our detailed analysis on VEEV in the trading room/ Executive summery link here- www.screencast.com Time Span: 20:30” Trade Suggestion Date: Aug 26th Trade Status: Pending/Watchlist