$VERI PatternHey all, here’s a pattern on NASDAQ:VERI (Veritone, Inc., NASDAQ: VERI) on a monthly chart. I’ve added Fibonacci levels to spot key support/resistance—like the $1.22 low in March 2020 and the current $7-$8 test. Trendlines and arrows mark potential breakout points. Longby globulltrader0
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.Longby felipegomesbwm5
VERI | Don't Sleep on This A.I. Play | LONGVeritone, Inc. engages in the provision of artificial intelligence (AI) computing solutions to media and entertainment, government, and legal and compliance industries. It operates through the following segments: Advertising, aiWARE SaaS Solutions, and aiWARE Content Licensing and Media Services. The Advertising segment places advertisements for clients, primarily with radio broadcasters, podcasters and digital media producers. The aiWARE SaaS Solutions segment offers solutions through a combination of its direct sales force and indirect channel partners, such as value-added resellers (VARs), distributors, system integrators, managed services providers, and referral partners. The aiWARE Content Licensing and Media Services segment sells and markets activities relating to its digital content licensing services business through its direct sales force. The company was founded by Chad Edward Steelberg and Ryan S. Steelberg on June 13, 2014 and is headquartered in Denver, CO.Longby DivergenceSeeker1110
VERI - Super Bullish (Rare Setup)With the jobs report coming slow and increasing the chance of cuts, small caps tend to do well. VERI has been respecting this technical setup for some time now and the longer it takes to launch, the higher the distance. Expecting this to at the least 2x in the next couple of months.Longby Tactinvestor3
VERI - Long to $8.50/$9Trading inside of this gorgeous channel. Going to $9 over the next couple weeks.Longby bulltradingtips0
massive vol on $veribought veri on momo breakout play , huge volume , watch out above Longby MarubozuTrader0
New Idea - and awaiting confirmation What do you guys think about VERI??? Will very be happy at the end? The following analysis represents my personal opinion, and any trades executed based on this chart are solely your responsibility. by FOLLOW_PIPS1
$VERI: Triple Bullish Divergence at the PCZ of a Bullish GartleyWe have Multiple Levels of MACD Bullish Divergence on the Weekly Timeframe at the PCZ of a Bullish Gartley that went a bit deep to the 0.886 with tail end Bullish Divergence on the RSI and if it plays out, Veritone could blast significantly higher.Longby RizeSenpai4
VERITONE Stock Chart Fibonacci Analysis 033023Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 5.4/61.80%by fibonacci61802
VERI breaks higher after extreme consolidation! :oyou know what I always say.. watch for big breakouts after this kind of consolidation. potential upside targets are 14.39-19.70! boost and follow for more <3Longby Vibranium_Capital1113
VERI BullishVERI fell victim to the tech sell off and is well off its recent highs. Price found support at the 13.5 area and has bounced since. Price tested the .61 fib level and we have a MACD cross. In addition it received upgrades recently. Looking for an eps beat and a move to $24.88 +Longby Master_of_Fine_Charts0
VERI Quick analysisthank you for your time i hope this helps you in your own analysis of this asset RigoShortby rigorocks666
VERI VERY BULLISHOn 11/9 VERI beat EPS est on the top and bottom line. Priced gapped up to open from 30.61 to 36.03. Most of the gap up was sold off but the 11/10 candle managed to close higher than the candle prior to it. The 11/11 candle is an "inside bar" which is bullish in an up trend. It was followed by a bullish candle that closed above the .5 fibonacci level. In addition the ADX is at 61 signaling a moderately strong trend. Finally we see a "golden cross" with the 50 sma crossing the 200 sma which is extremely bullish. With inflation, hyper growth stocks are in demand so I feel VERI is in a good spot to rally to prior highs into year end. Targeting: 43.05, 50 by end of year. I am long VERI www.tickerstickers.netLongby Master_of_Fine_Charts0
VERI BullishThe most recent candle closed above the .38 level and recently price broke above the descending trend line . In addition the MACD recently crossed and volume has been increasing. Looking for a move to $33 or so and then a retracement back to the $29 range before advancing to prior highs. Sidenote: This will be bought out at some point. Most likely within a few years. Longby Master_of_Fine_Charts0
VERI: GROWTH PLAYVERI : Nice multi weeks bottoming pattern below 22.60 for this good growth name. We're now above this line and I see it as a good opportunity to buy for a swing trade, with a stop below 22.60. All resistances and targets on the chart. Trade safe!Longby ElpidaldoUpdated 2
Long setup in VeritoneThe risk reward looks good with stop loss at19;First target 28 andveith good quarter result may reach 45+ Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do your own due diligence and/or consult investment advisor before making any investment/trading decisionsLongby conveyashish1
VERI will run again?yesterdays action on volume looks very bullish is trading higher Thursday after the company announced a new exclusive international licensing agreement with CBS News. Nice round bottom/consolidation patternLongby AnaBloemkool330
VERI Break OutI like the double bottom that happened in May and July in the $16.50 range and the test of 22.50 that failed but made a higher low. Coming off the higher low the price has moved steadily up the fibonacci scale and current candle closed above the POC line (ytd) I am looking for a break and close above the descending trendline to go long. $22.10 may give some resistance and $22.58 is the key level. A break of this level will avoid a multiple top, which would be bearish in the short term as it would likely cause a significant retracement. Targeting: $23.40, $27.18 in the short term. Longby Master_of_Fine_Charts0
$VERI similar pattern as in 2018Looking at the highs post IPO and then declines with double bottom and rally up and eventually laying low. Seems repeat in 2021. Hoping for the reversal by darshitkt0
ABC BullishPossible stop under C. ABC are measured move downs within a larger measured move up. AB is the impulse leg, so you look for a long leg up and place A at the bottom of that leg. Sometimes point A is clear, other times you have to be flexible. Targets are based on the length of the AB leg using fib levels. D is the target and as a rule, you can expect a pull back to occur at D. C can not be beow A, and can mean you are looking at a possible double bottom, triple bottom or another formation. Sometimes AB will equal CD, but not always by a long shot. It can be a percentage of AB. If price goes below point C, then your stop should kick in. Mybe give your stop a few cents below C so Mr Market doesn't find it (o: Earnings 5-4 AMC No recommendationby lauralea0
VERI: Breakout Confirmed, 54.66% Potential Profit!Description: VERI is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $26.2 - $29.4 2. Take profit: $41.85 3. Stop Loss: $23.71 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 93%Longby tenpercentcreditspreads3
VERI Low Risk EntryAfter a monster run VERI has sold off significantly. The price tested long term support at 21.01 and also the 200 SMA. As the MACD crosses and price consolidates at the 0 fibonacci level it appears like the uptrend is just getting started. 70% of shares traded YTD were traded at a higher price than the current price. A double bottom is possible but I think its headed higher from here. Longby Master_of_Fine_Charts665