Apr 25, 2024 (Stock Traders Daily via COMTEX) --
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Veeva Systems Inc. Class A (NASDAQ: VEEV) with integrated risk controls.
Warning:
The trading plans were valid at the time this was published, but the support and resistance levels for VEEV change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports
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Instructions:
Use the basic rules of Technical Analysis. Here are some examples: if VEEV is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.
Swing Trades, Day Trades, and Longer term Trading Plans:
This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for VEEV too. All of these are offered here: Access our Real Time Trading Plans
Longer Term Trading Plans for VEEV
- Buy VEEV slightly over 193.04 target 213.63 stop loss @ 192.48
- Short VEEV slightly under 213.63, target 193.04, stop loss @ 214.25
Swing Trading Plans for VEEV
- Buy VEEV slightly over 199.76, target 213.63, Stop Loss @ 199.18
- Short VEEV slightly near 199.76, target 193.04, Stop Loss @ 200.34.
Day Trading Plans for VEEV
- Buy VEEV slightly over 199.25, target 199.76, Stop Loss @ 198.79
- Short VEEV slightly near 199.25, target 193.04, Stop Loss @ 199.71.
VEEV Technical Summary | Raw Data for the Trading Plans
| Term → | Near |
Mid |
Long |
|---|
| Bias |
Neutral |
Weak |
Strong |
| P1 |
0 |
0 |
193.04 |
| P2 |
199.25 |
192.97 |
213.63 |
| P3 |
203.1 |
199.76 |
234 |
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COMTEX_451400006/2570/2024-04-25T09:52:21
