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Saturday, March 31, 2007 

GOOG , RFMD , RHT

Chart courtesy of stockcharts

GOOG has been a monster stock since it went public a couple of years ago. The stock has come down since its highs on January. According to the chart above it looks like it is finding a big resistance at the 50 dma. RSI and CCI starting to down so be cautious here.

Chart courtesy of stockcharts

I'm neutral in this stock right now, however look at the chart above stock still trading above 50 dma and 200 dma respectively.

Chart courtesy of stockcharts

RFMD stock could find some support at 6$ after to have broken the major support at 6.60.

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 weekend !!!

AC

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  • I'm a 48 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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