Analyst Observations
Published: April 13, 2023
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
Comments include: EXR, TDG, VRSN.

 

EXR Extra Space Storage Inc. ($158.79) - Real Estate - Shares of EXR reversed down on Thursday after another failed breakout attempt at the bearish resistance line. The stock remains a weak 2 for 5'er. Avoid. Support is offered between $150 and $152. Note earnings are expected on 5/1.
TDG TransDigm Group, Inc. ($753.72) - Aerospace Airline - TDG posted a third consecutive buy signal today at $752, establishing an attractive series of higher tops and higher bottoms since mid-march. The trend line has proved to be strong for this perfect 5/5'er. Support is found below at $720, with overhead resistance at $768.
VRSN VeriSign, Inc. ($216.87) - Internet - VRSN moved to a buy signal Thursday and broke a double top at $216. This moved the stock back to a positive trend and promoted it to a 4 for 5 TA rating. The weight of the technical evidence is favorable and improving. Initial support can be seen at $190, with further overhead resistance potentially found at $224.
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