Trade Idea - SUNW
Sunday, June 10, 2007
Shares of Sun Microsystems on Friday recovery some of recent loses. Looking at the daily chart stock still trading in a downtrend as show blue line on chart, however it's seems to me thta stock is now able to test this resistance soon at 5.20$ due to the fact that overall indicators are showing signs of improvement. So, keep an eye on Sun for a possible brekout above 5.20$. Sun Microsystems in a company that supplies network computing solutions, including servers, storage, software, and services worldwide.
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: SUNW