Verona Pharma plc Sponsored ADR
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VRNA Likely Wyckoff Distribution with Topping pattern - SHORT!

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VRNA has had a Parabolic Run higher with Price > 2 Standard Dev from Mean for 11 WEEKS before showing weakness and Selling to $48 range. Price is forming a pretty picture perfect WYCKOFF Distribution. I believe we have just had the UTAD (Up Thrust After Distribution) Likely, we have lower prices in store.

Target Price $41.36.

Trade what you see.

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