Verisign $VRSN is currently exhibiting a Squeeze Score of 96.8.
Here’s what the chart looks like:
Verisign is coiled in a tight triangle pattern. Volatility on the Strazza Indicator is compressed near YTD lows as price trades above the all-time high AVWAP. Momentum has been reset for the next move.
This consolidation is taking place right around VRSN’s dot-com bubble highs from 2000. A breakout from this short-term coil could be the catalyst that launches the next leg higher and completes a 25-year base.
