Live monitoring of the Falling Wedge setup on VRSN. See where price is heading.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
Technical analysis of Verisign (VRSN) reveals a significant setup. The stock is trading at $264.64, down 0.11% on the day. Price action has carved out a classic Double Bottom. Buying pressure is strong relative to the 20-day average. A potential breakout level is identified at $312.48, targeting $362.83 with support near $287.31 (R:R 2.0).
What is your outlook on VRSN?