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.
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$30 target almost hit. This thing can see upside of $100 fundamentally. Call me euphoric.
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$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
Look for pink trendline to hold for more upside
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Potential coil within a large pennant (lower line needs a test or two)
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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.
Careful of a potential rounding top as we consolidate here.