NUAN: ready to breakout

A Looks At Today’s Wallstrip Stock…Nuance Communications (NASDAQ: NUAN)

Once again, Wallstrip delivers with today’s episode on Nuance Communications (NASDAQ: NUAN). Since they provided the background of the company, I thought I’d take a moment to share my technical viewpoint on NUAN.This stock has a strong chart. NUAN began with a moderate uptrend, which moved into an accelerated uptrend. The stock recently managed to push through previous resistance at 13.50 on heavy volume, making 13.50 a new found support level. NUAN recently pulled back and tested the 13.50 support area successfully.

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