Rumours on the market CREE
Tuesday, September 04, 2007
( Friday close ) Chart courtesy of stockchartsShares of CREE are trading up again today after rumours on market that company may be bought by General Electric. It’s only rumours nothing more, there is no specific news between Cree and GE that something will happen, however stay in alert. Looking at the technical chart stock is trading in a clear bullish trend above its 20,50 and 200 daily moving average without signals of some weakness. by indicators. MACD and RSI are in confortable Bullish area too. So, stay in alert any eventual movement after this rumours.
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
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: CREE
