Trade Idea - AMKR
Monday, June 04, 2007
Chart courtesy of stockcharts

Shares of AMKOR Technology may be ready to breakout over 14.70 in the next sessions. Amkor Technology shares were down today 1% to 14.32$, however the volume was exntremelly low compare to last sessions. Thechnically chart looks Bullish, with both 50 dma 200 dma going up and MACD on top of 0. In addiction with K line back above D line we should see the stock continue to go up. Stock has a support at 14.06 ( 20 dma ). Keep an eye on AMKR

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.

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posted by Pro Investor Trader at 2:13 PM | Permalink


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