Trade Idea - RAMBUS
Wednesday, December 12, 2007
Rambus shares ended the session yesterday falling just 0.48% to $20.81 in a ugly day for almost all stocks. It looks like is preparing an assalt to the resistance zone again, and still convict that soon we'll see Rambus stock above the major resistance of $21.59. Indicators are all in Bullish areas, and share price still trading above its averages lines, so stay tuned on her for a possible breakout over $21.59 in the sessions ahead, or in the other hand we can also see a down move to test the support are at $20.
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 example.
Labels: RMBS