Hot stock for tomorrow - Cerner Corp " CERN "
Enviado: 29/4/2009 21:44
Cerner Corp seems to have formed a small ascending triangle and broke above resistance at 1.64. The breakout from the resistance line is just a confirmation of the recent upward move. In addition, this breakout was accompanied by large volume, however this may still be affected by general market sentiment. From the technical chart MACD and KD both signal positive strength. The stock is now trading above 50 day and 200 day moving average, also a bullish sign. The only potential risk is that RSI has already reached overbought level. Watch out for the upcoming resistance at 55.
By AC