Verastem, Inc.
Long

Verastem Daily chart- "hammer time" (pt 2)

176
Today VSTM made hammer after testing ~50% retracement on the daily- Elliot wave theory states that the completion of leg 1 (12345) will have between ~50-61.8% retracement from hi's, which comes out to being leg #2 on the daily chart (this is the ABC corrective wave shown in 15 min chart).
The red arrow points to where e-Wave theory projects next big level of resistance (~4.26) then if continues its trend run-up to ER would be about perfect timing!

PLEASE LIKE AND FOLLOW SO I CAN CONTINUE TO USE THIS SITE FOR FREE!

The link to 15 minute chart findings should be attatched below- Press PLAY button to see how candles play out ;)

-Scooby

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.