Hot stocks for tomorrow - Intel and Rambus
Chart courtesy of www.stockcharts.com ( click to enlarge )RMBS - The stock went as high as $12.80 before closing the day at $12.69, up more than 4 percent. From the technical chart above we can see that the stock is on a bull market as the stock is trading above its 20 dma, 50 dma and 200 daily moving average. This stock is BULLISH in short-term, and BULLISH in mid-long term. The stock has been back on uptrend since early February and now with stock back above 50 day and 200 day moving average and K line rose back above D line we will probably see more positive thing happening to the stock. In addition the On Balance Volume is rising, indicating accumulation of shares. Keep in mind that this stock has been consolidating for a very long time and should have enough fuel for a Big rally. The short-term target for the stock is $16.59.
Chart courtesy of www.stockcharts.com ( click to enlarge )INTC - The stock crossed its 200-day moving average and closed up $0.85 at $16.66. Looking at the technical chart the investor sentiment in Intel stock showed by RSI continues strong. Stock is now trading in a Bull Market with share price above 20 dma, 50 dma and 200 daily moving average. In addition with MACD on top of "0" showing bull market and KD at high level the stock should kept going for now. In order to avoid being caught in a false breakout situation, enter your trade with a stop order at $16.
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
