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VSN / Veresen Inc.

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By joshpacific

Posted: Thursday Oct 20 4:40:29AM 2011

Results as of market close, Wednesday, Oct 19: Price: $14.46 Bias: negative Strength: 44/100 Trading above 20-day MA. Trading above 50-day MA. Trading above 200-day MA. 50-day is above 200-day MA. 20-day is above 50-day MA. 20, 50 and 200-day MA are rising. P&F bullish price objective: $19. RSI: 56.05, neutral. Fast stochastics: 64.86, weak bearish signal. MACD: neutral Candlestick Analysis: neutral. The 3-year chart is a thing of beauty, bottom-left to top-right. With few exceptions, shares have remained above the 200-day MA since May 2009. My bias and strength calculation has a strong likelihood of profitability when followed for VSN.

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