Verasity (VRA) to make impulsive 20000% wave in 12-16 weeks?On the above weekly chart price action has corrected 97% since late 2021. A number of reasons now exist to consider a long positions. They include:
1) Price action and RSI resistance breakouts.
2) Trend reversal confirmation. Higher highs higher lows replace lower highs lower lows.
3) Support and