Discussion in 'Stock picks and trading strategies' started by loslobos71, Feb 25, 2006.

  1. loslobos71

    loslobos71 Member

    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? 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!

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