In the Zone

VVTV - Value Vision media, Inc.

ValueVision Media, Inc., a multi-media retailer, engages in marketing, selling, and distributing its products directly to consumers through various digital platforms. It sells men’s and women’s watches, collectible coins, and other collectible items; gold, gemstone, and fashion jewelry for men and women; and consumer electronics, including desktop and notebook computers and related accessories, as well as home electronics, such as LCD televisions and digital cameras.

The company also offers apparel, fashion accessories, and health and beauty products comprising clothing and footwear for women; handbags and other fashion accessories; and cosmetics and personal care items, as well as home and other products, consisting of mattresses, sheet sets, lamps, and home furnishings. Its principal form of multi-media retailing is its television shopping network, ShopNBC, which markets brand name and private label products.

The company's other distribution channel includes its Internet retailing Web sites, such as ShopNBC.com and ShopNBC.TV, which provide a range of consumer merchandise, including various products being featured in its television programming. It also provides its products through other digital platforms comprising mobile and social media. ValueVision Media has strategic alliances with GE Capital Equity Investments, Inc. and NBC Universal, Inc. The company was founded in 1990 and is headquartered in Eden Prairie, Minnesota.

Value Vision Media ended the week trading at $4.75 up $1.26 or 36.10% on heavier than average upside trading volume of 5.87 million. The average weekly trading volume for the company is 5.84 million as it ended the week trading slightly higher than average. The stock continues to move higher to the upside as it makes higher highs and higher lows. Please keep Value Vision Media on your radar for a possible move above $4.85. Downside support for the company is in the $2.42 area with upside resistance at $4.80. This is not a buy reccomendation for this company please do your own due diligence or get help from a professional before trading.

By: Marlin Rolle
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