NDAQ:VIAVV - Post by User
Post by
carlos6on Oct 31, 2013 12:50pm
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Post# 21865652
uptrend line in jeopardy
uptrend line in jeopardySP right on the line. Wonder if volume today matches that of the Aug. correction down to this same downtrend line?
Halfway thru the day & volume is a little less than half of before.
Earnings results at first blush did not blow out the estimates, but seemed OK & yet a fair (9%) decline. Maybe in the context of economic malaise worldwide & profit taking/correction in the short term it is justified.
carlos