Short opportunity After +4000% gain in less than a year, and making spinning top in weekly chart, it could be a good short opportunity..!
VERI trade ideas
Penny Stock - VeriCloud base company . With market cap 1.1B
Veritone Inc have a median target of 18.00, with a high estimate of 42.00 and a low estimate of 7.00. The median estimate represents a -52.20% decrease from the last price of 37.66.
$VERIEntry price : 39.70
Fundamentals :
- Sector: Software
- EPS % Chg (Last Qtr): 38%
- EPS % Chg (Previous Qtr): 46%
- 3 Year EPS Growth Rate: 0%
- EPS Est % Chg (Current Yr): 0%
- Sales % Chg (Last Qtr): 23%
- Sales % Chg (Previous Qtr): 8%
- 3-Year Sales Growth Rate: 73%
- Annual Pre -Tax Margin: -72.9%
VERI - Wait for itIt looks like VERI will continue to retrace from its recent highs. I am looking for a bounce off of the 0 level on the fib extension at $37 or possibly lower to the 50 SMA or potentially down to the POC level $30.49. I will average in starting at $37. Targeting $52 short term
$VERI - nice break, poor execution I like the break out of the chicken-beak.
I do not like the gap up and fade.
Worth a watch
VERI Flag BreakoutVERI has been a fantastic stock and looks to be emerging from a small continuation pattern at the highs. Long
$VERIPotential diamond reversal play, Large gap that needs filling not a fan of shorting so enter at own risk
BULLISH AFWith a MACD about to cross and a relatively cool RSI VERI is set to make new highs. In addition the ADX and MFI are showing positive signals.
$41.82 this week. Mark it. $43 shortly after some consolidation.
Have it on your watchlist..!Possible move: 100 %+
Reward/Risk:4.5 (R/R>3 is Ideal)
Time frame: 52 wks
This is just my technical view, not a fundamental comment..!
I can make you confused by a crowded messy chart, but I would rather simple effective presentations..!
ATH COMING $VERI SOONAI in the buzz and this one is hugging near some key resistance levels. Looking for a run to $40+ in the coming weeks and from a long term perspective if we can see some good growth within the company may give a good case for ATH. Keep in mind we need good volume to supplement the run higher. Please comment your thoughts and ideas below. 📈 NASDAQ:VERI
$VERI Falling Trend-line Breakout Just posting an idea & trade to my trading view that I've been in for a couple of weeks now and alerted at $11 elsewhere. Besides being massively undervalued relative to sector peers per growth rate, $VERI also has a beautiful technical setup that should retrace the entire previous structure to $20, and then extend much higher to at least $30 as I see it.
VERI strong actionStock held the strong level at 10
made higer lows
got some analysts uppgrades
looking bullish with 15, then 18 targets
VERI LONGVERI is setting up nicely with a MACD cross on its way and yesterday's close that broke the descending trendline and closed above the 50% fib level. I anticipate this stock to rally in to earnings and rise along the fib scale. First target 11.51
$VERI:NASDAQ - VERITONE INC - Operating system for AI.Another AI stock that seems interesting. Needs some more volume for me to look at an entry but I like that they seem to have the ability to win Defence Force contracts.
VERI hidden bullish divergence . RSI and MACD show Hidden bullish Divergence . Lets see what happens .
VERI 4 Fibonacci price levels point to uptrend resumption VERI has reacted higher after reversing in an area of 4 fibonacci price relationships
100% extension orange dash swing low
100% extension of yellow dash swing low
61.8% extension of red dash swing low
61.8% retracement of move higher from March low
I favor entry on a pullback into the fib level confluence area OR waiting for a move over the VWAP from March low (above 10.9)
VERI BULLISHVERI is breaking out of the longer term downtrend and closed above the 38.2 fib level. I think this is a part of an extended rally back to prior highs. I will be accumulating. First target 10.41
Veritone has been awarded $1.3 million of subcontracts for softwVERI: Veritone, Inc.
2020-09-17 08:00:00
Veritone has been awarded $1.3 million of subcontracts for software license and technology development services in support of the Air Force’s innovation unit's (AFWERX) Small Business Innovation Research (SBIR) program
