VRNS Varonis Systems Inc

$VRNS gives full buy permission (VALID ENTRY). 📐 Technical Breakdown • Macro Strength Check: PASS. The weekly candlestick chart reveals an excellent long-term accumulation structure breaking upward. The macro RSI(14) is highly favorable at 62.92, and the price trades securely above its rising weekly EMA(10) at $44.96. • Pristine Pullback Structure: PASS. On the 195-minute chart (box size 0.480), the stock underwent a clean, orderly 3-brick red pullback from its $48.00 peak down to $46.56, successfully defending structural support right at the rising EMA(20) at $46.24. • Confirmed Entry Trigger: PASS. On the far right of the third chart, the stock has locked in its 2nd consecutive green brick right back up to $48.00. • Earnings Runway: PASS. Next earnings are scheduled for October 26, 2026, offering a clear 3-week runway entirely free of immediate binary event risk. Verdict: This is a textbook systematic setup sitting exactly on its non-negotiable 2nd green brick entry trigger.

$VRNS looking like a wait-and-see game right now Spotted a 426-contract Oct 16 $40 put sweep at the ask on InsiderFinance But it's just not enough to make a strong bearish call With the stock flat today and only down about 1% over the last week, there's no real downside momentum No fresh news or significant trades either, so no clear institutional moves Best to hold off until we see more same-side flow or a solid move in the stock Patience might pay off here