ValueClick Is Near the Top of Its Current Price Cycle

ValueClick (VCLK), an online marketing services provider, is on a very steep upside and its current price is at the upper boundary of a multi-year upside price channel. The stock has a history of repeating price cycles and appears to be at or near the top of its current cycle.

If you want to buy VCLK, wait until it completes the downside of this cycle.

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Posted December 15, 2006.