Shares of 3COM will be in focus today after yesterday company have reported that a number of suitors have considered buying the telecommunications equipment maker. Looking at the chart stock broke out recently the downtrend line and is actually recovering some momentum. Bullish MACD already crossed, so indicators are now more favorable to Bulls. Keep an eye on COMS today.

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: COMS