Thursday, August 08, 2019 11:55:59 AM
Virtu Financial Inc (NASDAQ:VIRT) is falling sharply lower today after reporting earnings. The technology-enabled market maker is trading lower by 13.35% to $19.00 a share. The stock just broke the $20.00 level on heavy volume which was critical daily chart support. VIRT stock is now trading below all of its important daily chart moving averages. This puts the stock in a weak technical position on the charts and signals further potential downside. The next major support level for VIRT stock will be around the $15.00 area. This level is where the stock broke out in November 2017. Often, when a prior break-out level gets tested it will be defended by the institutional crowd.
Nicholas Santiago
InTheMoneyStocks
Recent VIRT News
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
