Veeva Systems with a neutral to bullish move expected$VEEV continues its Neutral to bullish move trading close the median line, trading well within the boundaries of the projected PEAD Cone.
VEEV trade ideas
$VEEV (DAILY) - Cup Breakout$VEEV (DAILY)
Awaiting Cup breakout as on 1st Sept 2020 till 8th Oct 2020
Possibility of formation of handle till 9 day EMA @ 282.29
Buy above high of 298.76 being height of cup supported by pivot on 2nd Sept 2020
Target Height of cup for $43 move
OR
Target 2*ATR for $19 dollar move
RSI > 60
9 day EMA > 21 day EMA > 50 day MA
Veeva Systems and Balance Sheet AnalysisI like how top fund managers are purchasing this such as Morgan Stanley Institutional Fund Trust Global Strategist (MPBAX). Also, the management gives us a vote of confidence by owning a piece of the company's shares. :)
EARNINGS trade VEEV ( 1hr chart ) Earnings due on Thursday
Could have a reversal entry at or below $266, and a exit at or above $271 before earnings
Veev longHere is an easy ta for Veev long:
Costumer ordered this ta for option play.
Veev stock is in up-trend. Last ER confirmed this bullush up-trend as you can see by bullish engulfing + hammer.
Indicators:
BB: Trend is at upper-band, pullack, up-trend
RSI: Overbought crossing, little pullback
MACD: Overbought, up-trend confirmed (crossing), pullback
200 day SMA: Wide above, bullish (near by 61 % Fib)
50 day SMA: trend is above, bullish signal
20 day SMA: trend is above, bullish signal
volume: no Signal
So, you can use these SMA´s for supports on pullbacks.
Fib. retracement you can use as well for bigger corrections.
Good luck for your trading :)
BUY of VEEVA SYSTEMS Hey traders, VEEVA SYSTEMS was on a bullish slant, its looking to want to break the trend line from the top, it could be that it turns around if its breakout not the consolidation area.
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VEEV Long positionVEEVA to present Q2 and EPS on 28 May. Until now has beaten estimates with surprising results. Expects increase in revenue and earnings, during the pandemic period and also for the rest of the year 2020.
Veeva - Another Software Company That BenefitsVeeva will be another stock that people wish they could have bought when it was "cheap".
VEEVA Systems Breaking out.Nice breakout today , but has hit Fibonacci expansion resistance ,
good to see a back test of $176 before advancing
Veeva Systems $VEEV#VeevaSystems hit the resistance. There are two ways; one ise fake breakout since the volume is getting low, or forming handle and break next time. It is so powerful anyway. Worth to watch this stock for a long term
VEEV- Ascending Triangle - Target $165If we see a strong finish over the flat top of the triangle with heavy volume then there is a good chance that price will hit $165.
$VEEV - Healthcare Cloud-based software. Whipsaw bounce near 135Tier 1: 2018 low YTD VWAP near 143 as support
Tier 2: Add breakout of 61.8% retracement from prior high
Tier 3: Add position on breakout of 170 neckline and prior swing high
Veeva Systems Long into earnings $veev
Reversal trade into earnings.
downtrend broken but needs a up market today.
Resistance $151 - $148
Veeva Systems Inc trade setup
RSI is front running price
MACD bullish after crossing above zero.
Histogram continues to tick higher.
Momentum in strong uptrend
looks like we have a break out after a long baseThe fundamentals are there.
Revs +25% last Q. Earns are due March 6th.
Veeva Systems: Another Software Stock Tries to MoveOne software stock after another has come to life and ripped higher in the last few months. Salesforce.com , Alteryx , ServiceNow , Trade Desk , Adobe : the list goes on.
VEEV is another member of the group that's now trying to make its move. It's formed a broad basing pattern since last autumn. That followed a 100 percent move between early 2018 and mid-2018… which followed a 200 percent move in the two years before that.
VEEV is a "classic growth stock," going from small-cap to mid-cap to large-cap as its business expands. Growth stocks like this have been the cornerstone of the rally for years, and there's little sign of that changing.
VEEV is now trying to get back above its 200-day simple moving average (SMA). It resembles Amazon.com earlier this month and PayPal in December.
VEEV also just bounced at the same $148.50 zone that was previously resistance. Traders might expect a few more sessions of consolidation but also watch for continuation higher -- especially with earnings due in 3-4 weeks.
Speaking of earnings, VEEV has a history of surprising to the upside. Last quarter, it tried to rally before getting smacked lower. But now it's had time to consolidate and turn its 100-day SMA higher. Notice it's given useful signals in the past. (This chart below uses our Colored Moving Averages script to highlight direction of the 100-day SMA. In the dynamic chart above the 100-day SMA is gray.)
Double inside daysTrendline right above. Lots of support below, this can be a big mover if market holds up.
VEEV longNewsletter shill I got. Tapping the weekly demand block multiple times, refusing to go down. Breaking downtrend line.
