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VERI

Long Thesis for Veritone (VERI)• Strong Support Level : The stock is holding near a robust support line around $2.50, which has consistently provided a floor for price action in recent months. • Demand Zone : VERI is entering a recognized demand zone, historically marked by increased buying interest, making this a favorable region for potential price recovery. • Entry Price Strategy : It’s advisable to consider an entry slightly below the current support line to account for potential short-term volatility, optimizing risk-to-reward. • Short-Term Price Target : Expectation of a rebound with a target price between $4.50 and $5.00, representing a potential upside of approximately 70-90%. This looks like a good opportunity for a rebound play. Keep an eye on the support levels and be ready to manage any risk if the stock moves unexpectedly.
NASDAQ:VERILong
by felipegomesbwm
Earnings Stock of the Day: VERIVERI is reporting earnings today and was chosen to remind traders that IPOs are not usually profitable. It is very rare to have a company that IPOs with high profits and revenue. Therefore, IPOs are generally speculative as this stock was. It IPO’d around the summer of 2017 and ran up for a month to a new all-time high. Retail investors and smaller funds drove price upward due to HFT activity and the encouragement of financial advisors. AccumDist shows smaller funds buying speculatively, creating the momentum run of August into September. HFTs created the huge black engulfing candle at the peak. Smaller funds and the retail crowd “bought on the dip” and have lost a lot of money since then. Preferred Clients sold into the speculative gains. It is now near the low that should provide stability to the downtrend and eventually commence the bottom formation. There is no bottom yet as there is no Dark Pool Buy Zone™ yet. There are no major companies reporting today. It is all small to mid-cap companies. Earnings Season is in the final days of reporting.
NASDAQ:VERI
by MarthaStokesCMT-TechniTrader
A trading opportunity to buy in VERIUSDTechnical analysis: . VERITASEUM/DOLLAE is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (38.00 to 30.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (38.00) Ending of entry zone (30.00) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 54.00 TP2= @ 67.00 TP3= @ 85.00 TP4= @ 100.00 TP5= @ 144.00 TP6= @ 219.00 TP7= @ 314.00 TP8= @ 435.00 TP9= @ 544.00 TP10= Free
VLong
by ForecastCity
A trading opportunity to buy in VERIUSDTechnical analysis: . VERITASEUM/DOLLAE is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 61. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (38.00 to 30.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (38.00) Ending of entry zone (30.00) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 54.00 TP2= @ 67.00 TP3= @ 85.00 TP4= @ 100.00 TP5= @ 144.00 TP6= @ 219.00 TP7= @ 314.00 TP8= @ 435.00 TP9= @ 544.00 TP10= Free
VLong
by ForecastCity
A trading opportunity to buy in VERIBTCTechnical analysis: . VERITASEUM/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.003920 to 0.002290). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.003920) Ending of entry zone (0.002290) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.007100 TP2= @ 0.011268 TP3= @ 0.016840 TP4= @ 0.021330 TP5= @ 0.025820 TP6= @ 0.032220 TP7= @ 0.040390 TP8= Free
VLong
by ForecastCity
A trading opportunity to buy in VERIBTCTechnical analysis: . VERITASEUM/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 80. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.003920 to 0.002290). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.003920) Ending of entry zone (0.002290) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.007100 TP2= @ 0.011268 TP3= @ 0.016840 TP4= @ 0.021330 TP5= @ 0.025820 TP6= @ 0.032220 TP7= @ 0.040390 TP8= Free
VLong
by ForecastCity
There is possibility for the beginning of uptrend in VERIUSDTechnical analysis: . VERITASEUM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (47.00 to 39.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (47.00) Ending of entry zone (39.00) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 67 TP2= @ 85 TP3= @ 100 TP4= @ 144 TP5= @ 235 TP6= @ 314 TP7= @ 441 TP8= @ 544 TP9= Free
VLong
by ForecastCity
6
There is possibility for the beginning of uptrend in VERIUSDTechnical analysis: . VERITASEUM/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (47.00 to 39.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (47.00) Ending of entry zone (39.00) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 67 TP2= @ 85 TP3= @ 100 TP4= @ 144 TP5= @ 235 TP6= @ 314 TP7= @ 441 TP8= @ 544 TP9= Free
VLong
by ForecastCity
3
There is a trading opportunity to buy in VERIUSD Technical analysis: . VERITASEUM/DOLLAR is in a range bound but the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . We have already opened 8 BUY trade(s) @ 47.07944 based on 'a reversal candle (Hammer)' entry method at 2018.06.29 in our suggested support zone (47.00 to 39.00). Beginning of entry zone (47.00) Ending of entry zone (39.00) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 85 TP2= @ 100 TP3= @ 144 TP4= @ 235 TP5= @ 314 TP6= @ 441 TP7= @ 544 TP8= Free
VLong
by ForecastCity
There is a trading opportunity to buy in VERIUSD Technical analysis: . VERITASEUM/DOLLAR is in a range bound but the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . We have already opened 8 BUY trade(s) @ 47.07944 based on 'a reversal candle (Hammer)' entry method at 2018.06.29 in our suggested support zone (47.00 to 39.00). Beginning of entry zone (47.00) Ending of entry zone (39.00) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 85 TP2= @ 100 TP3= @ 144 TP4= @ 235 TP5= @ 314 TP6= @ 441 TP7= @ 544 TP8= Free
VLong
by ForecastCity