Adding VRTX to Watch List

[whodi]

May enter trade on monday, will wait to see how it opens. Looking at the 5 day chart on VRTX, over 32 will be a great entry point on this stock. Tight sideways action in a 1 dollar range since the pop on Monday, like the formation, could be stabilizing for another run.

Here is a chart of the last 5 days, 32 is the resistance. If you are trading it on a shorterm basis, 31 would be my stoploss.


http://finance.yahoo.com/q/bc?s=VRTX...=on&z=m&q=c&c=

Going back to December 06, looks like VRTX has broken its downtrend in early April and is heading up. Good entry point right now for long term trade, I would wait until it breaks over 32 for a nice short term profit. I love the volume in the last few days when it was dropping, buyers where all over it holding it strong. Great sign of support.


http://finance.yahoo.com/q/bc?s=VRTX...=on&z=m&q=c&c=