Stocks in action for tomorrow - GOOG, CNXT, CREE, RMBS
Do you remember this post ? http://ac-investor.blogspot.com/2008/01/rambus-shares-spiked-on-news.html . Well, I must to tell you that after today rally and verdict I didn't sell my shares, they are still in my porfolio. The latest news was good enough. For those who are not updated on what is going on, here is the latest news from RAMBUS.
" Rambus says wins memory chip patent case - SAN FRANCISCO, March 26 (Reuters) - Memory chip technology developer Rambus Inc (RMBS) said on Wednesday a U.S. jury ruled it was not anti-competitive and did not not violate antitrust laws or commit fraud in its attempt to protect memory chip patents, sending Rambus shares higher 39 percent. The verdict in the long-running case was that there was no anti-competitive behavior by Rambus in its activities with a memory chip industry standards body, Rambus General Counsel Tom Lavelle said by telephone. Click here to read the full article ".
Chart courtesy of stockchartsCREE had a strong day and broke through its resistance line of one month correction. The volume confirmed the breakout, as it was greater than average. Look for CREE to test the prior highs of February.
Chart courtesy of stockchartsCNXT - I've been stating fordays that the Conexant stock was trying to bottom as it had nice positive divergence developing,now stock is near to cross its 50-day moving average, which could give a strong boost for run to $0.70. Keep an eye on stock. I'm Bullish on CNXT.
GOOG - Looking at the daily chart, if $450 major horizontal becomes firm and sustained support, the stock should run to $488 if markets cooperate. All the trends in stock indicators are positive or neutral.
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 day !!!
AC
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 day !!!
AC
Labels: CNXT, CREE, GOOG, RMBS
Google's 'paid clicks' disappoint again:
http://www.marketwatch.com/news/story/story.aspx?guid=%7BA1B008C8%2D321F%2D4835%2DBE90%2DE2B3C2B77AC6%7D&siteid=rss
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