Página 1 de 1

Trade Idea - RFMD

MensagemEnviado: 29/3/2008 23:00
por AC Investor Blog
It seems to me that RFMD has been in a bear market since the start of the year and now it maybe ready to bounce off the current levels, but confirmation is required still. Its down from around $6 a share to around $2.50. In my honest opinion stock is very attractive at this point and volume also are telling us something, average daily volume has decreased nearly 50%. In addition, although the stock didn't perform well since January, we should see a rebound as the technical chart now shows positive momentum is back as MACD is now back above 0.