Stock Chart Analysis VSEA

Posted by downtowntrader | 7/16/2007 09:35:00 PM | 0 comments »

Stock Chart Analysis VSEA

Varian Semiconductor (Public, NASDAQ:VSEA)

VSEA looks like it may be setting up in a small W bottom off the lower band and a the lower range of bullish gap support. Semiconductors have been under accumulation recently and VSEA may be close to closing over a trendline drawn over the recent pivot highs. While it may drift back to test support, it may also break out right here.


Good Trading,


Joey

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