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JimVanMeerten (56.68)

Verisign - VRSN - Breakout signal



February 04, 2011 – Comments (0) | RELATED TICKERS: VRSN

VRSN - Verisign -- one of the leading providers of trusted infrastructure services to website owners, enterprises, electronic commerce service providers and individuals. The company's domain name registration, digital certificate, global registry and payment services provide the critical web identity, authentication and transaction infrastructure that online businesses need to establish their web identities and to conduct secure electronic commerce, or e-commerce, and communications.

1 - 100% technical buy signal

2 - 3 new highs and up 4.71% in the last 5 days

3 - Relative Strength Index 64.52% and rising

4 - Trades around 34.25 with a 50 day moving average of 32.98

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

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