Trade Idea - RFMD
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Trade Idea - RFMD
As I had indicated in my last post, the RFMD stock corrected itself after last week’s fall to rise above the $3 level. The overall weakness on the bourses and especially in the tech sector has dramatically affected sentiment on the RF Micro Devices stock. The downward trend is likely to continue, with occasional bouts of corrections. Technically, the RFMD stock is displaying a bearish outlook and is likely to fall to a range of $2.66 to $2.52 in the short run.
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www.ac-investor.blogspot.com -
Análises Técnicas de activos cotados em Wall Street. Os artigos do AC Investor podem também ser encontrados diariamente nos portais financeiros, Daily Markets, Benzinga, Minyanville, Solar Feeds e Wall Street Pit, sendo editor e contribuidor. Segue-me também no Twitter : http://twitter.com/#!/ACInvestorBlog e subscreve a minha newsletter.
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