Why Veeva Systems’ Earnings Drop Aligns With Its Long-Term Structural Weakness

Veeva Systems (NYSE:VEEV) is currently in Phase 18, the final stage of its 18-phase Adhishthana cycle on the weekly charts. The company recently reported earnings, and the stock has fallen sharply since. Back in June, when Veeva was still in Phase 17 and trading near $290, we published a commentary cautioning that the stock was heading into a structurally weak zone. The decline that followed is now validating that warning.

Read the full article on Benzinga for deeper insights into the Adhishthana Cycle, the stock’s recent trajectory, and expert commentary.