Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Know Genius who wrote (25275)	2/22/2000 4:07:00 PM
From: Johnny Canuck	Read Replies (2) \| Respond to of 69001

I don't follow this one, so this is a cold read. VRTL looks to be in a timely business, telecommunications bandwidth management. It has received some positive press the last few weeks. On the technical side it looks like it is challenging the old high of a few weeks ago. Volume is accelerating as it challenges the old high. The price is up on a day that the overall market is down. Overall volume is higher than normal. It looks like the odds are on your side for break out. Since I don't follow the stock I can't say if the break out will hold. I would use a tight trailing stop. I can't find any news and it would need news to sustain a break out. Is some event pending?