Analyzing the options chain and the chart patterns of VEEV Veeva Systems prior to the earnings report this week, I would consider purchasing the 180usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $4.50. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
This is a daily chart of Veeva Systems (VEEV), a healthcare technology company that provides cloud solutions for the global life sciences industry. When the company reported its earnings on August 31st the stock price subsequently gapped down, as shown in the chart above. From a probability standpoint, this gap is likely to be filled for the reasons below. 1....
Analysis of Veeva triple top See chart for: Triple top Confirmation with sell volume increasing at peaks Weekly trend Support / Resistance Bearish Divergence Moving averages Shorted retest of support now resistance. Want to see a break of the Weekly 200EMA If price is supported, keep an eye on volume and add to short at wicks of retest of previous support /...
I love it when fundamentals and technicals line up together. I am in general very bullish towards cloud-software companies, thats the future, especially when they have a footing in the pharma industry like veeva. This is a huge market and growing strongly year by year. The chart is a textbook bull flag. I am expecting a move into 80$ over the coming months....