Thu. Jun 8th, 2023

Veeva Systems (VEEV:NYSE) is in the middle of a consolidation pattern for the past year. Check out the monthly candle chart.

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The weekly candle chart shows the price action following the ascending trend line.

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Zoom in on the 1 year daily candle chart. Price action in no man’s land.

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I have set my alerts, mainly looking at the bullish scenario. A monthly close above 33 would give a target of 42.