( Friday close ) Chart courtesy of stockcharts

Rambus shares were up on Friday nearly 2% to $17.80 showing along of session some strength to move up again. It seems that stock has found the way to regain a new momentum to move up. People who is following this stock closely has found many reasons to believe that Rambus has strong possibilities to gain the case against Hynix, which it is expected to be resolved and decided already in April. Looking at the daily chart, stock still trading in Bull market, with its 50-day moving average above 200-day moving average, however the chart is printing a more neutral indication than was on January, due to the recent decline in stock market and after the earnings report. Overall picture is neutral, but I'm very confident that the next move will be to the upside. Stay tuned on her.

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