Friday, December 14, 2007
Buy VCLK on Trendline
VCLK has a 3 year trendline that can be clearly seen in the chart above. I'd look to buy on the trendline around 20.50 and give the stock down to 19.90 to recover before stopping out. Of course, these entry/exit points are a bit flexible as the stock gets closer to the buy point, so use your best judgement.
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