Stock in play today : Gemstar-TV Guide
Tuesday, December 19, 2006
Shares of GMST rose 13% to 3.73$ after the company said that has signed a patent license agreement with British Sky Broadcasting Limited, also on thursday ( 14 Dec ) GMST said that has signed a new interactive program guide patent license agreement with Philips Electronics, the company said Thursday. Volume spikes today. Looking at the chart, the stock has broken out an important resistance 3.50$ and the chart show a continuation of the trend with MACD and RSI ( reached Overbought ) in Bullish area, the stock is in a strong bull market with both 50 day and 200 day moving average going up.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: GMST
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