getting tight................................................................................................................
I am not a professional and don't work in finance. This is a technical analysis of the daily candles. I think in at least the short term you are going to see VERU make a drop. This opinion is only based on the fact that the MACD just crossed over. I originally thought with the green engulfing candle that we may continue the uptrend, but the lack of volume and the...
Nice breakout watchinf 15$ reistance let’s see if we can get some bullish pushing to contiue
Put to call ratio for tomorrow is currently 0.25 OTM and 0.64 ITM for 19 Jan 24 OTM is 0.32 and ITM is 0.02 which is insanely bullish. One standard deviation from implied volatility tomorrow is + or - 1.32 hitting support at 11.32 or resistance at 14 important note 1/3 of all the calls tomorrow have a strike of 14 and nearly half with a strike of 15. Possible...
Critical support area that needs to flip. Last 2 times VERU made it to these levels we failed the 14.25-14.30 support range. If we can flip to support this could be extremely bullish. If we lost the only support left is 13$-13.30 below that leads us back to 6.50s. This means VERU needs to hold up here badly
If we reclaim 15.04-15.12 as support we can target 17.06-17.67. If we break 17.06 and hold as supprt after this backtest then tha would break a large resiatnce area. Howver if we lose the 15$ support and flip to resiatnce this could fall hard so be cautious. Wait for confirmed support reclaim if 15.04 -15.12
As a biopharma company, Veru Inc. (NASDAQ: VERU) is mainly focused on clinically developing treatments for breast cancer and prostate cancer while exploring additional diseases to treat. In response to the positive results of its phase 3 clinical trials for its Covid-19 treatment, VERU stock surged and has renewed its run with approval from the FDA for its EUA...
On Veru we have a big probabilyty of a downtrend because: - Breakout of the support line by a big candle with a large volume - Breakout of the vwap indicator also.
NASDAQ:VERU This is a position aiming at a Longer Term . All Suggestions Requests and Remarks are Welcome Enthusiastically Brought to You by ManhattanStocks
NASDAQ:VERU All Suggestions Requests and Remarks are Welcome Enthusiastically Brought to You by ManhattanStocks
VERU most likely breaks back below extreme resistance zone. seems like a pump and dump to me! downside targets are 10.5-7.01-3.52
Day 3 longs have been hot on daily runners that hold at least 50% of their initial run betweeen day 2 and day 3. VERU consolidated nicely below main support of the initial push. Although day 2 was a massive sell off for the stock, price was holding a better part of the gains tow EOD of day 2 and that gave a little bit of confidence to the bulls. Key pivot are was...
April 2022 winners so far: VERU 191% SST 71% BRCC 56% BBAI 43% RCMT 34% MSP 30% IPI 24% TSRI 22% UEC 19% TNK 17% Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy...
Bullish pendant, I think this speaks for itself. No need for DD.
I'm betting this 50% to 100% gains from here strictly for tomorrow.
Keep watching sitting on the sideline. We are waiting for a highter low and then a higher high On the weekly for a healthy run. Namaste
veru completed 68% fib retracement and now is ready to break the triangle First target is $15