Sun, Jan 25, 2015, 11:12 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

VirnetX Holding Corp Message Board

  • willie7 willie7 Feb 1, 2013 1:53 PM Flag

    Chart reading for a slooooow Friday

    I am seeing 2 possible chart patterns. A double bottom and a ascending triangle. The double bottom started back in Nov at $37.65 high dropping to $29.26 on Nov 18th then up to $36.30 then next leg down to $28.83 on Dec 31st. Breakout would be over $36.70 . We tried on Jan 29th and have fallen back some but still valid. This pattern is best seen on a 5 or 6 month daily chart on stock charts ... The ascending triangle is a little harder to see. The upper trendline is easy just draw a line attatching tops going back to the Nov high at $37.65. We can start the lower line at the dec 31st low of $28.83 and connect the lows going forward. The breakout is similar to the double bottom at around $36.70. Again the best chart is the 5 or 6 month daily on stocks charts. Just some fun on a Friday. The magic # seems to be over $36.80 on good vol and stay there for a few days, then up to the gap at $37.50 ish. What do the TA folks think

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Shooting star/potential bearish reversal on daily; lots of resistance just above at $35 (but could breakout); keeping pace w/ sizzling S&P (no better/no worse); nicely tradable on dips (until it's not); Full Stochastic negative (but could turn up); Macd histogram negative divergence w/ price.

 
VHC
5.37+0.06(+1.13%)Jan 23 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.