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VERISIGN INC
(VRSN-Nasdaq):
Technical Viewpoint: From a low
of $137 3/4 on Aug 11, 2000 prices
rallied, reaching a
high of $199 7/8
on Sep 1, 2000. A
decline saw prices pull back, reaching a
low of
$160.00 on Sep 13, 2000.
Another rally saw prices penetrate
resistance, closing 9/28/00
at $208 3/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 24, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $194.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 25, 2000. A P&F upside
reversal takes place at $196.00. Summary: Technical indicators have turned bullish. BUY! VERISIGN INC
(VRSN-Nasdaq) @ $209 5/8 Stop: Use a protective stop of $206 1/2.
VERISIGN INC is currently trading @ $208 3/8 plus $13.94 on Sep 28, 2000. Price Objective:
$266.00. Risk/Reward: $3 1/8 VS. $56 3/8. Today's Risk Reward Ratio: 18:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$266.00
Risk/Reward:
$3 1/8 VS. $56 3/8
Risk/Reward Ratio:
18:1
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