Verge has formed a symmetrical triangle (outlined in red) at the bottom of a descending wedge which suggests that the price could go either way here from here now, it could drop back to support at 400 or it could breakout to the upside.
This is my first post, I am just learning TA so please do not take any of this as financial advice. These are just my ideas of what might happen.
Currently I think that verge is looking to break out of a descending wedge and it could rally up to any of the the fib target lines in yellow.
The longer term picture shows verge trading inside of a symmetrical...