$VERI Falling Trend-line Breakout

٢٥ نوفمبر ٢٠٢٠

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.

٣٠ نوفمبر ٢٠٢٠

ملاحظة

$30 target almost hit. This thing can see upside of $100 fundamentally. Call me euphoric.

٢ ديسمبر ٢٠٢٠

ملاحظة

VERI hit first target and backed off. Down on share offering today to first point of support - $19.50. Looking for this level to hold for continued upside. Below $15.50 negates this, in other words set stops for $15.50



Look for pink trendline to hold for more upside

١٩ ديسمبر ٢٠٢٠

ملاحظة

Potential coil within a large pennant (lower line needs a test or two)

٢ فبراير ٢٠٢١

ملاحظة

Long Overdue Update here. VERI beautiful consolidation at highs. Should continue up but may need time after riding a nearly 300% move since my entry in November.

Careful of a potential rounding top as we consolidate here.