Watching And Waiting
The more pieces of the puzzle you can put together, the greater your chances
for success.
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14:11:02
 VeriSign (VRSN)
is bouncing off the converging 20- and 50-day moving averages and a 38.2%
retracement level. VRSN is now up 1.09 to 46.52 and is holding a 3-month
relative strength ranking of 27 from TradingMarkets.com.
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VRSN is showing good intraday relative strength in the face of
today’s choppy action. The indices are going through a normal pullback after
their run up from lows, and if they can pivot back in the direction of the
four-week uptrend, this stock could be one of the first to move higher. Time
will tell.
Until tomorrow,
Duke