VERX ATH on Earnings LONG

Updated
VERX on the 15 minute chart demonstrates printing a high tight bull flag pattern in its

bullrun after the earnings report was a two line beat much like the one a quarter ago.

VERX has impressed traders including this one who got in on the ride early. I will trade

this like others recently with a similar pattern. I will hold during the consolidation and

watch for a break above the flag regression channel. I will add upon the break and

set a trailing stop loss of 5% upon a rise of another 5% keeping the profits safe while

underway. See my ideas on SOUN DUOL, VTYX and a few others. Review the link to

the pattern description here. See also my swing long trade ideas for this sector XBI and LABU.
Trade active
price broker out above the channel then retreated and now is in a triangle of further
consolidation but this does show bullish bias moving foward snapshot
biotechnologyconsolidationEarningsflabbreakoutFlaghightightflagpatternpostearningsplayregression-trend-channelTrend LinesVERXXBI

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