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....
Another favorite healthcare technology stock of mine. Back to April 2020 levels. Massive 7th month of downtrend. Earnings coming soon. If this doesn't turn its course it's bad and I can see it going to 140-118.
Here is an easy ta for Veev long:
Costumer ordered this ta for option play.
Veev stock is in up-trend. Last ER confirmed this bullush up-trend as you can see by bullish engulfing + hammer.
Indicators:
BB: Trend is at upper-band, pullack, up-trend
RSI: Overbought crossing, little pullback
MACD: Overbought, up-trend confirmed (crossing), pullback
200 day SMA:...
#VeevaSystems hit the resistance. There are two ways; one ise fake breakout since the volume is getting low, or forming handle and break next time. It is so powerful anyway. Worth to watch this stock for a long term
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
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).
