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Post# of 68424
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tobinator00

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tobinator00

Re: None

Friday, 07/26/2013 1:17:59 PM

Friday, July 26, 2013 1:17:59 PM

Post# of 68424
1 Year Vringo Chart

On a weekly basis, Vringo has not closed over $3.50 since late November last year. Shorts know this and it looks like that price level is being heavily defended. Stale longs are also bailing, which is good for the stock going forward.

http://stockcharts.com/h-sc/ui?s=VRNG&p=W&yr=1&mn=0&dy=0&id=p02012573787&listNum=3&a=310237835

Let's see how this pup closes. Shorts will want to push it below $3.30. It will make them highly uncomfortable for them if it closes over $3.50. The reason is that momentum money will pile in Monday morning.
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Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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