Stock Chart Analysis VRGY

Posted by downtowntrader | 7/22/2007 08:24:00 PM | 0 comments »

Stock Chart Analysis VRGY

Verigy Ltd. (Public, NASDAQ:VRGY)

VRGY had a high volume breakout in May and then promptly decided to go nowhere. It has been trading sideways which has allowed the 50 day simple moving average to catch up to it. It has successfully bounce off this sma in the past so I am looking to see if that trend will continue.

Good Trading,


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