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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject4/27/2001 10:28:00 AM
From: besttrader   of 37746
 
10:23 ET VeriSign (VRSN) 51.92 +5.7 (+12.3%): -- Update -- Technical -- Rockets out of the starting gate amid strong volume but unable to crack solid resistance mentioned in the Morning Movers story near 53.5. Consolidation in the wake of such a substantial gain is typical with short term support near 50. Takes losses all the way back through 47.50 to inflict damage to the bull bias. A breakout initially points to resistance at 54.35 followed by 56.5.
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