Trade Idea - RMBS
Monday, February 18, 2008
Rambus shares were down on Friday 1.88% to $18.28 in a session marked by the lack of volume. Shares are still trading in a tight range between its 50-day moving average and 200-day moving average. It's difficult to predict the next moment for stock, although some indicators are still acting with Bullish moments but now in a way more conservative. One important factor in the chart above is the fact that its 50-day moving average still on top of 200-day moving average, generally a key point of view for Bulls. So, during next week, keep an eye on this stock.
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: RMBS