Verasity Macro Wedge About to Break

2월 16일

VRA has been consolidating over a substantial amount of time during its accumulation phase.

I think we may see a little more lower time-frame consolidation before a breakout.

VRA has reclaimed green (demand macro S/R) and should hold above this level for a breakout.

In my opinion, gone are the days of trading inside yellow (accumulation).

However, considering we see have yet to make a macro higher high, I consider this entire range within the wedge a large accumulation area.

Targets above marked T1, T2, T3 once this takes off.

Cheers,
Vatsik