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.


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


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


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