loslobos71
02-25-2006, 12:37 PM
Hey I was looking at Verisign (VRSN), a company which I like and think that it can go to $30-35 once they get their Mobile Content business together (which I think they will) . It is seems cheap with $833 mil. in cash and 15 x earnings, etc etc.
Anyway, judging by the chart it should be going down soon, right? http://stockcharts.com/h-sc/ui?s=VRSN It has been testing the 200 day MA for a week now with no success to break out. If I am right, I should be able to get it around $23 fairly soon. Im fairly new to stocks in general, but Ive just started to analyze charts as well. Thanks for your input!
Anyway, judging by the chart it should be going down soon, right? http://stockcharts.com/h-sc/ui?s=VRSN It has been testing the 200 day MA for a week now with no success to break out. If I am right, I should be able to get it around $23 fairly soon. Im fairly new to stocks in general, but Ive just started to analyze charts as well. Thanks for your input!