Trading Options with an Edge
Select Page

Veeva (VEEV) Ready to Run

Veeva (VEEV) Ready to Run

by | Nov 3, 2021 | Chart SetUps

Veeva (VEEV) hitting the ‘ready to run’ scan today with shares pulling back from a recent drive higher and finding support at the 8- and 21-EMA. Shares are coiled just below the top of monthly value at $318 and a breakout move has room through $325 out to $340. VEEV is also back at VWAP from the big 10/13 candle off the recent base. On the weekly, shares are forming a wide consolidating under $340 since late 2020 and a breakout move can get significant momentum.