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Wednesday, January 18, 2006 

RAMBUS - it's losing some momentum

Chart courtesy of stockcharts

The great upside of RAMBUS started during this year can be near of the end in the short term, it's my opinion based in the indicators that we can see in the chart. The volume have decreased session after session, RSI also shows some signals of exhaustion, these indicators can show some cautions at this level.
The company will report there earnings tomorrow after the bell.

Quarter Ending 12/2005 estimate 0.08
Year Ending 12/2005 estimate 0.31

That's All, Have a nice evening !!

AC

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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