Bad day for Sigma
Sigma " SIGM " shares was down more than 12% to 23.43$ after American Technology research analyst Jeff Schreiner downgraded the stock to "Sell" from "Neutral," and lowered his price target to $19 from $28. Looking at the chart stock is now in a bad situation after breakdown an important support at 25.50$, the next support is now at 23$. The technical chart also show weakness signa as K line is below D line, MACD back again below 0 and RSI is now in Bearish teritory. SIGMA is a maker of chips used in set-top boxes and DVD players.
TK stock has been doing well since the start of the year, is now very near to breakout 60$ resistance. Tomoroow keep an eye on TK for a possible breakout over 66$.
Hot stocks in after hours : CC , CVS
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
Hot stocks in after hours : CC , CVS
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
