Is Veeva Systems (veev) The Next Ebay Type Company?

Discussion in 'Investment Charts' started by longtermbull, Jul 24, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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    There is a little bit of resistance coming for this share when you take a look at the graph. If markets do wobble again we will likely see this type of share take a hit in the short term while the long-term prospects remain intact. Patience is a virtue with this one.
     
  2. gowiththeflow

    gowiththeflow Senior Investor

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    Waiting for the shares to move out of the tight trading range - $90 to around $98. The graph seems to be suggesting more chance of a downward move in the short term but things can change so quickly. There is no doubt the company has potential, just a case of when to buy and tuck away for the longer term.
     
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