VEL Forecast


Bullish Case: The bullish case hinges on potential positive earnings reports and a stable financial outlook. The HeliumTrades AI projects a +0.53% increase, supported by low volatility in the upcoming months and a stable price trend.


Bearish Case: The bearish case revolves around the current backwardation in the volatility term structure and higher trading volume in put options. Historical returns suggest moderate risk with notable downside potential.


Potential Outcomes:

1. Positive earnings report: 30% - Likely to drive share price above $20.

2. Backwardation persists: 40% - Price may stagnate or drop.

3. Increased option trading volume signals shift: 30% - Mixed impact, high volatility risk.


Trading Oracle: Sign Up to access trading oracle trade ideas.


June 21, 2024


Velocity Financial Forecast

VEL      Velocity Financial












Become a more profitable investor with AI optimized trading strategies






×

Chat with VEL


 Ask any question about VEL!