Hot stocks for tomorrow - Rambus and Aaple
Chart courtesy of www.stockcharts.com ( click to enlarge )AAPL showed some nice strength in the last two sessions and is now on the verge of the major resistance at $118.47 ( 200-day moving average ). The trend is clearly up, but getting overbought. Next buy point is when the stock makes a move above the resistance at $118.47 on a close basis. The daily chart of Aaple suggests a strong confidence in stock, a clear uptrend momentum. Keep an eye on AAPL this week.
Chart courtesy of www.stockcharts.com ( click to enlarge )RMBS - The technical daily chart is showing that the stock is trading in a tight range. The resistance point is 10.79. You can see from the chart that the overhead resistance has been hit twice before, but not penetrated. All oscillators are floating on neutral territory without a distinct price direction. Nevertheless, there is a very strong bullish cross forming on the daily Slow Stochastic which indicates a possible violent bullish move. The technical daily chart is supporting the bullish notion and it appears that the fresh bullish momentum is growing. Going long might be a preferable strategy this week. RMBS is definitively a stock that will make a move.
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 Folks. See you tomorrow !!!!
AC
