Possible stop under C. ABC are measured move downs within a larger measured move up. AB is the impulse leg, so you look for a long leg up and place A at the bottom of that leg. Sometimes point A is clear, other times you have to be flexible. Targets are based on the length of the AB leg using fib levels. D is the target and as a rule, you can expect a pull...
Description: VERI is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $26.2 - $29.4 2. Take profit: $41.85 3. Stop Loss: $23.71 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 93%
After a monster run VERI has sold off significantly. The price tested long term support at 21.01 and also the 200 SMA. As the MACD crosses and price consolidates at the 0 fibonacci level it appears like the uptrend is just getting started. 70% of shares traded YTD were traded at a higher price than the current price. A double bottom is possible but I think its...
After +4000% gain in less than a year, and making spinning top in weekly chart, it could be a good short opportunity..!
Cloud base company . With market cap 1.1B Veritone Inc have a median target of 18.00, with a high estimate of 42.00 and a low estimate of 7.00. The median estimate represents a -52.20% decrease from the last price of 37.66.
Entry price : 39.70 Fundamentals : - Sector: Software - EPS % Chg (Last Qtr): 38% - EPS % Chg (Previous Qtr): 46% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 0% - Sales % Chg (Last Qtr): 23% - Sales % Chg (Previous Qtr): 8% - 3-Year Sales Growth Rate: 73% - Annual Pre -Tax Margin: -72.9%
It looks like VERI will continue to retrace from its recent highs. I am looking for a bounce off of the 0 level on the fib extension at $37 or possibly lower to the 50 SMA or potentially down to the POC level $30.49. I will average in starting at $37. Targeting $52 short term
I like the break out of the chicken-beak. I do not like the gap up and fade. Worth a watch
VERI has been a fantastic stock and looks to be emerging from a small continuation pattern at the highs. Long
With a MACD about to cross and a relatively cool RSI VERI is set to make new highs. In addition the ADX and MFI are showing positive signals. $41.82 this week. Mark it. $43 shortly after some consolidation.
Possible move: 100 %+ Reward/Risk:4.5 (R/R>3 is Ideal) Time frame: 52 wks This is just my technical view, not a fundamental comment..! I can make you confused by a crowded messy chart, but I would rather simple effective presentations..!
AI in the buzz and this one is hugging near some key resistance levels. Looking for a run to $40+ in the coming weeks and from a long term perspective if we can see some good growth within the company may give a good case for ATH. Keep in mind we need good volume to supplement the run higher. Please comment your thoughts and ideas below. 📈 NASDAQ:VERI