Hot stocks for tomorrow - DG FastChannel and Rambus
Chart courtesy of www.stockcharts.com ( click to enlarge )DGIT - The technical daily chart shows the stock has been testing the strong horizontal resistance of $23.05 (on 2 separate occasions) last week. Today, the stock failed again to close above this key level and the volume traded was quite large, which may be a indication that is too early to break this resistance. The stock is now vulnerable to a drop to the $21-22 range. Remain invested with a stop loss at $21. Only a move past $24.44 would impart a positive trend. It is better to stay at the sideline and see how the stock react for the next few days.
Chart courtesy of www.stockcharts.com ( click to enlarge )RMBS - Rambus shares spiked today on news that a state court judge in California has ruled that the company can pursue its antitrust case against Samsung, Hynix Semiconductor and Micron Technology. The stock closed at 11.80, up 1.86 (+18.71%) on volume of 9,415,353. RMBS has a good looking stock chart price broke out from the horizontal resistance mark around $11.60 ( 200-day moving average ) on heavy volume in the face of a weak market. All indicators are in favor of an upward price movement. MACD has generated a buy signal and is currently above the 0 line. This momentum could push this stock much higher from here, so keep it on the radar.
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. See you tomorrow !!!
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. See you tomorrow !!!
AC
