47Y trade ideas
Golden cross in Veritex HoldingsEntry level on a pullback $29 Target price $33. Stop loss $28
Strong breakout and buy signal with the MA golden cross but the indicators are overbought and needs a pullback.
Wise to wait for a pullback to thge breakout level before entering a long
P/E ratio 19
Company profile
Veritex Holdings, Inc. engages in the provision of commercial banking products and services to small to medium-sized businesses and professionals. It offers personal and business banking products; mortgages; and treasury services. The company was founded by Charles Malcolm Holland III in June 2009 and is headquartered in Dallas, TX.
