Dec. 4 at 11:22 PM
$VEEV (8H) has put in a solid bounce off major support! Price is now directly challenging a critical level that will confirm the short-term reversal.
Bulls need a decisive close OVER
$246.76 to confirm more upside!
🚀 Breakout Confirmation: A clean close and hold above
$246.76 (the 38.2% Fib and HVN) confirms the shift in momentum and the continuation of the bounce.
🎯 Next Target: The immediate next target is the previous consolidation zone and major resistance near
$270.00 -
$275.00.
📈 Major Upside Target: Beyond that, the long-term target is the previous swing high near
$290.00 at the top of the overall structure.
🛑 Strong Support: The long-term ascending trendline and the low of the recent consolidation near
$240.00 must hold.
Volume is speaking volumes! Watch for the push through
$246.76!
#VEEV #TechStocks #Breakout #Trading #hovdid