Veru Inc.

Analysis-Big probability of uptrend

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Hello! As you can see on the chart, we are in a downtrend and we are not going against this trend. Looking at the chart pattern we have a high probability of having an uptrend if and only if the resistance line is forcefully broken by a large green candle and followed by large green volume. Alternatively, we might have a downtrend continuity if the support line is forcefully broken by a large red candle and followed by large red volume.Thanks!

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