Archive for February, 2007.

Shares of Sprint rose

posted by tony
file under Stock Market

s.JPGChart courtesy of stockcharts

Shares of Srint rose 4.6% to 19.30$ after company posted a higher fourth-quarter profit Wednesday as revenue increased with customer additions to its Sprint network. The technical chart indicates that the stock is in a Bullish mode , close above 50 dma and 200dma. The momentum is good for Bulls with MACD above 0 and RSI in Bullish territory, the volume was huge !!!

 

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.

Gateway stock jumped 8%

posted by tony
file under Stock Market

gtw.JPGChart courtesy of stockcharts

Gateway stock jumped more than 8% yesterday in an anormal volume !!!! Indicators are all Bullish ( MACD is back above 0 and K line is on top of D line, RSI above 50. Keep an eye on GTW. Something strange here.

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.

Trade Idea – SNDK

posted by tony
file under Stock Market

                  sndk.JPG                   Chart courtesy of stockcharts

Shares of Sandisk rose today nearly 1% to 40.52$ after said late Friday it plans to cut 10 percent of its workforce and trim executive salaries to compensate for a recent collapse in price for memory chips. The technical chart above shows that SNDK still trading in a downtrend, I’m still cautions.

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.

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