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Tuesday, December 05, 2006 

RAMBUS - Has formed a Bull Flag

Chart courtesy of stockcharts

Shares of RAMBUS closed nearly flat today to $21.95 and has traded between 10.25$ and 46.99$ in the past 52 weeks. The technical chart show a Bull flag chart pattern. A Flag (Bullish) is considered a bullish signal, indicating that the current uptrend may continue, the duration of this pattern depends on the extent of the price fluctuations (consolidation). Keep an eye on RAMBUS for a potential breakout.

Stocks to watch tomorrow : NOVL , WIND , VSNT , IDCC

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.

That's All. Have a nice evening !!!

AC

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  • I'm a 44 year old Independent Trader using proprietary technical analysis with more than 20 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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