Gateway , RAMBUS like a RAMBO , LU warning !!!
During this week , Gateway up more than 8% and breakout the medium downtrend line, so from here we only have one way to go , UP !!! perhaps close the Gap. who knows !!!
Also on Thursday Gateway have informed the market that have refreshed its notebook line with new models featuring the new Intel® Centrino® Duo mobile technology platform, giving customers the very latest in mobile performance. In addition to the performance enhancements, the new systems feature thin and lightweight designs, long battery life and advanced data, theft and Internet security.
According to the chart above we can see many Bullish Indicators ( RSI + MACD ), however we can have some psychological resistance to break the 3$ level, but I think that will be fast and easy.
The stock is now above the MM50
Resistances : 3.09 and 3.26 Support : 2.85
Also during this week Forbes have upgraded the score for Gateway to 3, that means that Stock shows Strongly Improving Conditions, you can check this information here.
RAMBUS stock have started the year like a " RAMBO " fast and strong, up more than 100% !!!!
This stock is usually prone to big a swings, and much of it on litigation news, against some big companies as Hynix and now against Micron. Taken together Rambus could attain a $936 million revenue windfall if the court sides with the company.
So, keep this share in your mind . This stock probably can only stop in 35.20, if not perhaps only near 38$, this value was the last upgrade, but at this level I see some dangerous positions for both sides.
Lucent was one of the hotstocks on Friday after warning the market with a slower revenue growth for this year than previously forecast, because of lower sales in the United States and China.
Friday Hot stocks
HPQ - Goldman Sachs raised its rating "outperform" from "in-line".
SNDK - A Bear Stearns analyst downgraded the stock to "Peer Perform" from "Outperform," saying that the stock has little upside.
TYC - Tyco said that would split into three companies early next year and warned that its first-quarter earnings would miss previous forcasts.
The Big technological Companies that will report there earnings and guidance this week :
Tuesday - AMD , IBM , INTC
Wednesday - AAPL , EBAY
That's All, Have a great weekend !!!
AC