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Tuesday, April 24, 2007 

RFMD shares fell in after-hours

Chart courtesy of stockcharts

Shares of RFMD was up 0.09 or 1.39% closing 6.55$ however in extended trading stock fell more than 4% after the company posted a profit in the fourth quarter, on unit volume strength at handset manufacturers. The company, which makes analog chips used in mobile phones, reported earnings of $30.1 million, or 14 cents a share, compared with a net loss of $1.6 million, or 1 cent a share, a year ago, company beat earnings targets but cut its outlook. Looking at the chart stock has now the major support at 6.12$.

Chart courtesy of stockcharts

On the other hand, keep an eye on SGU shares for a possible breakout over 4.22$

Hot stocks in after-hours : AMZN , RFMD , RVBD , NITE , ANAD , ZRAN , CYMI

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'a All. Have a nice evening !!!

AC

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 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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