Trade Idea - PALM
Friday, October 26, 2007
( Yesterday close ) Chart courtesy of stockcharts

Shares of PALM have being under pressure in both sides since the beginning of the week. The trend still printing a Bearish pattern in long term but at these levels we start to see some indicators of a possible rebound in action. Technically stock has a good support at $8.50 previous resistance area, and a big wall to break near $10.25. This is the kind of stock that you should have particular attention, due to the high volatile that has recently had. Keep an eye on PALM.

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 11:49 AM | Permalink


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