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Analysis: #NASDAQ $VSTM

Case 453 #Verastem Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#VSTM 1/5
Chart 1
Monthly Chart: Conditions are very #bearish with negative, falling #momentum. The immediate #resistance/s are 2.98- 3.36 (#SMA 50, Mar. 2018 pivot and Sept. 2018 trendline) but unless price can close/hold above the synthetic at 5.13 this will gain no .....

VSTM 2/5
..... respite. Higher up Nov. 2019 #pivot and July trendline at 6.81 and 7.11 respectively. A close above 9.55 for long term bullishness. A sustained break below 1.09 will begin to .....

VSTM 3/5
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