Evan_Moe_Money
Long

Flag or Wedge? Can this rally continue?

NASDAQ:VSTM   VERASTEM INC
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New week, new charts =)

Do we have a Wedge or a flag?

More important, can this strong trend continue, or will it brake down?

As a trendfollower, I say YES WE CAN! As a realistic person, I say "good thing we have that paper trading tool"

So only for research, I will open a long position here, but only a PAPER TRADE! It is quite risky after a spike like this, so I will keep it on watch, prob for a short position =)

Tell me what you think about the wedge , flag, triangle, channel, etc. what pattern is this?
Trade closed: target reached
Kapitalerhalt steht über allem.

Trade what you see, not what you think
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