As you can see on the chart, we are above the vwap, ie we are in an uptrend. Looking at the chart pattern, we have a high probability that the market will go down if the support line as well as the vwap are forcefully broken by a large red candle and accompanied by large red volume. But, let's keep an eye out because we could have a continuation of the uptrend if...
Here today as you see on the chart buyers are there! Good uptrend.Thanks.
Very volatile stock, because it’s health technology. So we see the flag after a strong impulsive move, and we should waiting for the break cause it can go up or down the same way.
Submitted EUA for COVID ARDS on June 7th sixty day approval window close. UK and EU interested in treatment. Potentially taking them from millions in revenue to billions. Worth the risk?
#SuakuFlowsWatchlist Expiry: 22JUL22 $VERU 17.5C > 17.35 | 16P < 16.16 Only one ticker on the watchlist tonight. Spreads are wider than my liking so will only have light positions. We should see better opportunities on Thursday, most tickers forming an OB on the daily.
Best to stay away if you are thinking to initiate new position. Technicals aren't looking good. I am not a short seller tho.
Abc flat, and a confirmation. Stop loss tight. Trade safe
getting tight................................................................................................................
I am not a professional and don't work in finance. This is a technical analysis of the daily candles. I think in at least the short term you are going to see VERU make a drop. This opinion is only based on the fact that the MACD just crossed over. I originally thought with the green engulfing candle that we may continue the uptrend, but the lack of volume and the...
Nice breakout watchinf 15$ 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...
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...