Stock Chart Analysis VCLK

Posted by downtowntrader | 7/15/2007 07:02:00 PM | 2 comments »

Stock Chart Analysis VCLK

ValueClick, Inc. (Public, NASDAQ:VCLK)

VCLK had a recent breakout that quickly reversed. While the breakout looks to have failed, it hasn't exactly fallen apart either. VCLK is still trading near all time highs and is in a decent sector. I am adding VCLK to my watchlist as it is possible that it will attempt another breakout soon. VCLK also offers a pretty clear cut stop loss area which makes trade management easier.


Good Trading,


Joey

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2 comments

  1. Anonymous // 2:43 PM  

    Maybe that volume spike last month indicates a buyout is possibly on the table.

  2. downtowntrader // 4:42 PM  

    I haven't been following it long enough to know what caused the spike, but there are tons of buyout rumors all the time. There were all sorts of buyout rumors on MAMA (now CNIC) and they never came to fruition.

    Joey