$VERI Falling Trend-line Breakout
Updated
Just posting an idea & trade to my trading view that I've been in for a couple of weeks now and alerted at $11 elsewhere. Besides being massively undervalued relative to sector peers per growth rate, 
VERI also has a beautiful technical setup that should retrace the entire previous structure to $20, and then extend much higher to at least $30 as I see it.
VERI also has a beautiful technical setup that should retrace the entire previous structure to $20, and then extend much higher to at least $30 as I see it. Comment
$30 target almost hit. This thing can see upside of $100 fundamentally. Call me euphoric. Comment
VERI hit first target and backed off. Down on share offering today to first point of support - $19.50. Looking for this level to hold for continued upside. Below $15.50 negates this, in other words set stops for $15.50Look for pink trendline to hold for more upside
Comment
Potential coil within a large pennant (lower line needs a test or two)Comment
Long Overdue Update here. VERI beautiful consolidation at highs. Should continue up but may need time after riding a nearly 300% move since my entry in November.Careful of a potential rounding top as we consolidate here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.