Verisign UP in a bad day
Wednesday, August 15, 2007
Chart courtesy of stockcharts

Verisign shares were up today more than 3% to $29.51 after the company said it priced a $1.1 billion of 3.25 percent junior subordinated convertible debentures, which it previously said it plans to use to buy back shares. Looking at the daily chart stock still trading in a Bull Market, however far away from the highs of July. At the present time stock in a range between $30.83 and $28.62, so keep an eye on a break of these values to be sure of the next direction of stock.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.
 
posted by Pro Investor Trader at 3:50 PM | Permalink


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