NDAQ:VCLK - Post Discussion
Post by
Traderthoughts on Feb 15, 2008 6:43am
VCLK - Possible resolution of an Inverse H&S patte
ValueClick Inc. announced its Q4 results on February 13, AMC. Q4 results and FTC settlement removes the bearish sentiment on the stock. Though the stock opened higher, it came down to close with only a gain of 2.6%. The stock is in the process of forming an inverse head and shoulders pattern. There is a possibility of the stock breaking the neckline. A break of the neckline would set a target of $30 levels. There is a good resistance at $27. For a detailed and free research report on VCLK incorporating both technicals and fundamentals, visit
www.chartfollowers.com
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