Gateway could be acquired ??
Yes, according to some analysts Gateway is a likely candidate for a possible strategic buyout from a top PC vendor in Asia. On Wednesday, reports surfaced that Taiwanese computer manufacturer Acer could make a major acquisition in the PC area within the next two years, possibly in the U.S. See the full article at Forbes. I have reported here many times that Gateway have had a strange movements when goes up, always followed by volume, so it's time to think again in this probability.Looking at the chart all indicators point into the same direction UP. Stock it's ready to break this wedge to the upside , I think it's only a question of days. It's my opinion !!!
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.
AC
Labels: GTW
