Stock of the day : PMCS & RMBS
Chart courtesy of www.stockcharts.com ( click to enlarge )Let's start with PMCS that had a very interesting move today after reported earnings last night.
The Daily chart shows that the stock is about to run up again as 13 day moving average cross above 50 day moving average with MACD above 0. Pay attention if the stock breakout the channel.
The Daily chart shows that the stock is about to run up again as 13 day moving average cross above 50 day moving average with MACD above 0. Pay attention if the stock breakout the channel.
Chart courtesy of www.stockcharts.com ( click to enlarge )Shares of the chipmaker RAMBUS ( RMBS ) drop 8% today to 16.71$ per share after the company failed to release its full quarterly results as scheduled, although it did release revenue figures that for the third quarter was $45.9 million, up 28 percent over the third quarter last year and down 6 percent from the previous quarter. In the daily chart the current technical trend shows that the stock has traded between 16 and 19 since the first of September and should have a potential big support at 16$ ( bottom of the channel ), also the stock still trading above the 50 day moving average.
That's All. Enjoy your weekend !!!!
AC
