Stocks still under fire !!!!
Chart courtesy of stockchartsXLNX - reported after the market close on Thursday, that the company still expects revenue to increase between 1 percent and 5 percent sequentially, but said gross margins would be lower about 62 percent, down slightly from prior guidance of 62.5 percent, due to unfavorable shifts within its new products category. According to the chart above we can see that the red Line has been a support , but on friday the stock breakdown this support with a double average volume, so perhaps the stock can go much lower. All indicators mentioned in the chart are Bearish ( MACD + RSI + Fullstoch. ).
Dear visitors, Unfortunately during this weekend I couldn't update more charts here due some problems with the blogger, so perhaps during the week ahead I'll update more stocks information.
Take a look : I added more business links to my Blog Side Bar , but the last one was created by a friend with some pictures of my city Oporto. Check it Retratos Viagens
That's All. Have a great business week.
AC
Dear visitors, Unfortunately during this weekend I couldn't update more charts here due some problems with the blogger, so perhaps during the week ahead I'll update more stocks information.
Take a look : I added more business links to my Blog Side Bar , but the last one was created by a friend with some pictures of my city Oporto. Check it Retratos Viagens
That's All. Have a great business week.
AC
