GTW recovering, MOT sideways, ADCT ready
After the recent low of shares associated to the positive divergence of MACD, Gateway has initiated a rebound. I believe the stock will move higher on this impulse to test the 1.77$ resistance area. I continue to be quite positive on this sector and on Gateway stock even at these levels.
Chart courtesy of stockchartsMotorola - Sideways phase after sell-off that started on October of 2006. Keep an eye for a possible breakdown of the range, the bottom is at 17.20$.
ADCT is in a positive technical situation, is ready to breakout over 19.20$ soon, indicators are showing this possible scenario.
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.
Have a nice evening !!!
AC
