VERX on the 15 minute chart demonstrates printing a high tight bull flag pattern in its bullrun after the earnings report was a two line beat much like the one a quarter ago. VERX has impressed traders including this one who got in on the ride early. I will trade this like others recently with a similar pattern. I will hold during the consolidation and watch...
Vertex provides corporate tax processing software and consulting services to 4200 customers over 310 countries I bought it on June but I got stopped out very fast Now the pattern is looking better and with less participants? Count me in All year with good relative strength, more up volume spikes and yesterday broke through long term resistence Let's wait for...
Volume seems to be ramping up these past 3 days with 2 days showing a hammer candle. MACD trending towards green and RSI looking ok. I think a run to 22.50 is more likely than a drop back into the 17s. Top of the current channel seems to be between low 18s and 22.50. Willing to sell a percent or 2 below the 22.50 resistance.
VERX seems to be in a descending wedge here. RSI at support. Is it about to pop?
VERX is only a few months from its IPO, however it's showing remarkable strength. NOTE: Not trading advice. Please research your trades accordingly.
VERX is doing push ups! Going long at 27.11 with a target of 28.75!