-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Stocks to watch next week - Canadian Solar, Hewlet... » | Hot stocks for tomorrow - Silver Standard Resource... » | Oil trader signals » | Hot stocks for Thursday - AGL Resources and Powerw... » | Stocks to watch Wednesday- Aaple and Target Corpor... » | Earth Day 2009 is on Wednesday, April 22nd » | Top Solar stocks based on market capitalization » | Stocks to watch Tuesday - Research in Motion and P... » | Most expensive cities to buy a home » | Hot stocks to watch next week - Level 3 Communicat... » 

Monday, April 27, 2009 

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 !!!


Labels: ,

Bookmark and Share


About Me

  • I'm a 47 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Benzinga.com supporter


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google