Long VEEV

[Pascal]

VEEV is in the Medical software group, which is in a long mode.
The stock is at resistance and the stats show that a breakout on volume will be interesting.
Make sure that you use the Volume Surge Feature which will allow you to monitor the Volume of VEEV (Pink Arrow compared to the past average Volume, red arrow.)

Also, refrain from entering if the price is higher than $30

[Pascal]

After an initial surge on low volume, VEEV pulled back on strong selling.

This therefore did not meet the conditions of a breakout on Volume


Pascal

[Pascal]

We did not meet the entry conditions, but the direction was correct.


Pascal