A symmetric triangle pattern breakout in VeriSign on the upside indicates an uptrend.

The price is trading above the Fast(50) and Slow (200) Ema indicating a positive trend, whereas the fast Ema trending upward is indicating an uptrend in the security.

The RSI is trading at a higher zone indicating an uptrend in the security.

DI+ & DI- is trading in a narrow range which indicates a flat move in the security

ADX trading below the DIs also indicates dullness in security.

A buy-on-dip strategy can be made in the security for an upward move.

Buy on Dip

Jan 23 2024