Internet Security Stocks Continue To Show Strength
Nicholas Santiago | Apr 04, 2013 11:56PM ET
Many of the internet security stocks are still holding up well on the charts. This important and leading industry group has been in demand as cyber attacks and theft have continually increased each and every year. Mobile crimes are also on the rise and this industry group is likely to see more demand for its security products in the future.
One of the strongest internet security stocks that continue to form bullish consolidation on the charts is Symantec Corp (SYMC). Today, SYMC is trading lower by 0.06 cents to $24.38 a share. The stock will have a decent amount of intra-day support around the $24.20 level. Should the daily chart of SYMC continue to trade sideways for couple of more weeks this stock will be a potential breakout candidate.
Some other leading internet security stocks that are also holding up well on the daily charts at this time include Verisign Inc (VRSN), Sourcefire Inc (FIRE), and Qihoo 360 Technology Co. Ltd (QIHU). All of these stocks mentioned may not trade the same way so traders will have to view each chart individually.
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