samcrac

Vasco Data VDSI Trends; Potential Gap, and Potential Bottom

NASDAQ:VDSI   VASCO DATA SEC INTL INC
This is a tricky one to read (for me). It seems Vasco has failed several attempts at a breakout. I see a failed inverse head and shoulders , a failed cup and handle , and I drew up this chart being that the SPY             is up 1.3% as I type this and VDSI             is down 3.3% (at the low of the day). Fundamentals might suggest this is a long term play, however I would wait before entering a long position for some sort of confirmation.
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