VERASTEM INC NASDAQ:​VSTM

moneymoves.com

Looks bullish after breaking the downtrend line

See further analysis at link below. 100% fib retracement levels seem very important to this ticker. msmoneymoves.com

Note: This is not an investment advice but my opinion alone. Please feel free to comment. Its been just over 4 months when I first published my first chart on VSTM "VSTM Could go down even more". Price at the time was $4.24 where I said the downtrend wasn't over and it could end up going down. That seemed to have happened as predicted and the second publish...

After great data released this past week; Leerinks Health Care Conference with a Q&A, Copiktra showing data that ORR is higher than previously noted. I see comparitive analysis between gileads zydelig and Verastem's copiktra. Now that this new data was presented (week before ER) along with information that Verastem's Copiktra has possibilities for second line...

Right now it is at a good support level if it holds and breaks out of this triangle should be a nice little run up .

Do you want better quality of life?? VSTM showing signs of consolidation while being oversold with no sellers in sight. chart indicates inverse head and shoulders, one of the most bullish chart patterns in wall street. As a patient now in remission, I can say unequivocally that TO MUCH TIME IS SPENT IN THE CHEMO WING. Therefore, as patients and Doctors find out...

+ Divergence on MACD from price . When it closes above 3.5 expect it to move fast. -Next ER coming up will be 3rd consecutive quarter of realized Revenue. Insider and Inst buying over last 6 months bodes well for Verastem.

Today VSTM made hammer after testing ~50% retracement on the daily- Elliot wave theory states that the completion of leg 1 (12345) will have between ~50-61.8% retracement from hi's, which comes out to being leg #2 on the daily chart (this is the ABC corrective wave shown in 15 min chart). The red arrow points to where e-Wave theory projects next big level of...

looks to be finishing ABC on 15 minute- check for daily chart (pt 2)

Should move up to the level.

Note: This is not an investment advice but my opinion alone. Please feel free to comment. This is a follow on from the first posted Idea "VSTM Could go down even more" VSTM did get to $3.14 as a day low on Dec 21st just above the FIB ratio 0.786. However I do not like how it got there looking at the 1 year chart. As you can see the sub wave v of C has not...

Note: This is not an investment advice but my opinion alone. Please feel free to comment. VSTM has seen its price drop since it reached a 52 week high (even after its drug was approved by the FDA). I think in the long term VSTM will recover but not before it finishes it ABC correction and reaching the FIB ratio 0.786 where it will fill the gap it made in April...

In play above 4.59 we have bullish confirmation back above 5.72

Chart seems favorable for reversing. tread your path

Our Stock pick for today goes to Verastem Inc, creeping up slowly, we see this stock potentially testing the last resistance level of $12 but only after a break out at $10 level. With the approval by FDA on their oral capsule, this could hype enough for the price to push up further. Though the risk of taking this trade is high due to the small market...

Bearish diverge on RSI, if pullback happens, it could go to test the $7 support before heading towards $15. Long term trend is LONG, especially given the FDA catalyst

Trend above shows BULLISH sign. I will hold my shares until target point unless it drops 11%.