وهذا تعليق -- Jim Schroeder, Briefing.com عن الرسم البياني وعن اداء السهم
This issue has been a strong performer today but it has not been the only one on the move as much of the storage sector has posted solid gains. Stock specific news has been lacking today for VRTS but a one day storage conference is now underway in California and as is often the case, the conference appears to have provided a spark for the group.
VRTS is of interest from a technical perspective as it vacillates just below its recovery high in Nov at 43.89. Although it has backed off the best level of the session, as long as support at 42.59 remains intact it will remain in position for another rally attempt over the short term. A penetration of the initial support raises the likelihood that the consolidation that has taken hold over the last several weeks is still dominant but does not imply that a more concerted selling effort is underway. Secondary support is in the 42/41.50 area, a more important chart barrier at 40.50 while the trend following 20 day exp ma (blue line) comes into play at 39.20 today. The ability to hold above the supports leaves VRTS in position for a breakout with the initial resistance at 44.89 (Aug high). A solid barrier thereafter is at 47.11/47.18 (top of July gap/200 day simple ma). A sustained run to and through the latter without an intervening correction may, however, prove difficult given the top heavy posture of the technical indicators.