Verisign UP in a bad day
Wednesday, August 15, 2007
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.
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.