A look at Rambus, Inc.’s (RMBS) stock chart shows a possible breakout of the downward channel:
MACD is turning up, as well. I purchased shares of Rambus today.
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Company Overview
For more than 15 years, Rambus® has been providing leading chip and system companies with interface solutions that deliver higher performance for a broad range of consumer, computing and communications applications. Beginning with the development of high-speed interfaces for video game consoles and graphics workstations, Rambus' breakthrough technology and unparalleled
Rambus aims for the year 2011 with new signal and transmission chips which should be able to transfer data up to 1 TByte/s (1.000 GigaByte per second). The Rambus developers wants to combine several technical innovations. So the new memory type can transfer 32 of data transfers per cycle between DRAM chip and the memory controller. So we can look forward to some really fast chips .... but sometimes it also depends on the price and not only on a good technology.
Unlike those 2 SMA200 stockcharts I just posted below, this one is not bullish chart, at least now. Quote opposite, it´s bearish. I don´t think Rambus will be get able to push this 200 line, it´s very overbought and number of indicators pointing down allready. Last 2 candles are key and I think this is shorting candiate now. If this RSI70 will push cross now, this could be pretty nasty stock during next week.Stock Charts Courtesy of www.WallStreetTape.com
Chart courtesy of stockchartsShares of RMBS rose 2.5% at 16.39$ today following an interview from RAMBUS CEO that make me dream about the stock and probably a position increase at these levels, I know that it's a very volatile stock and with higher risk, however this interview has some good news.The full interview is available here RAMBUS CEO Interview source : Digitimes Daily IT news.Chart courtesy of stockchartsChart courtesy of stockchartsChart courtesy of stockchartsStcoks to keep an eye : AMCC , PETM , CNXT , JDSUD , WMB , BGO , RDL , GTW , BGP , TBLMAMA , VSE , DNDN.Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.Dear Visitors :I'm Glad to inform you that this Blog has now a new space to talk ( AC Investor Chat ) , so you can discuss with me the latest news about stocks or something interesting, so please enjoy it.It's available in the sidebar. Note : If you don't see any message inside the box, please use "R" but
Chart courtesy of stockchartsRAMBUS " RMBS " shares soared more than 30% to 21.72$ , on speculation that the company could emerge from a lawsuit filed by the FTC, the volume was Huge !!! The technical chart indicates that the stock is now very Bullish after broken the channel mentioned above. The stock should keep going up and perhaps it will reach 200 dma line very soon. Indicators are all Bullish MACD + RSI. I'm still Long in the stock.JDSU shares lost some momentum today due to some profit taking and consolidation fase.Stocks to watch tomorrow: SBUX , HPQ , SANM , EGLT , AVNR , MSCC , CPWMThat's All. Have a nice evening !!AC
Chart courtesy of stockchartsVisit FalconStocks Research for a complete Investment Portfolio, Penny Stock Picks and Trading Alerts. Falcon's picks have averaged as high as 100% anually.Shares of RAMBUS closed nearly flat today to $21.95 and has traded between 10.25$ and 46.99$ in the past 52 weeks. The technical chart show a Bull flag chart pattern. A Flag (Bullish) is considered a bullish signal, indicating that the current uptrend may continue, the duration of this pattern depends on the extent of the price fluctuations (consolidation). Keep an eye on RAMBUS for a potential breakout.Stocks to watch tomorrow : NOVL , WIND , VSNT , IDCCDisclaimer : 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. Have a nice evening !!!AC
Chart courtesy of stockchartsShares of Rambus rose neraly 1.3% to 19.16$ today after the company said Qimonda recently signed a technology license agreement for Rambus' XDR memory interface. The Rambus XDR will be used by Qimonda in high-volume applications, including game consoles, digital televisions, set-top boxes and PC graphics. Looking at the chart, we start to see some improvement in MACD and RSI indicators, displaying therefore a potential reversal. With the stock still holding well at 50 dma , this could be the time to start accumulating the stock, it's only my opinion.Market didn't help today, so keep an eye on Rambus for the next sessions.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. Have a nice evening !!!!AC
Chart courtesy of stockchartsShares of RMBS rose more than 9% on friday closing at 18.96$. About 15 million shares of Rambus changed hands, versus average daily trading volume of 5.3 million. The move is being attributed to an update on thrusday night on the Hynix Semiconductor, Inc. v. Rambus, Inc. case. At the US District Court, Norther District of California website a tentative ruling showed: "Motion for new trial on damages is denied without prejudice. The motion cannot be resolved until after the conclusion of Phase III." Resistance is now 19$, stock must break it to go forward.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. Have a nice evening !!!AC
Chart courtesy of stockchartsShares of RMBS rose more than 9% on friday closing at 18.96$. About 15 million shares of Rambus changed hands, versus average daily trading volume of 5.3 million. The move is being attributed to an update on thrusday night on the Hynix Semiconductor, Inc. v. Rambus, Inc. case. At the US District Court, Norther District of California website a tentative ruling showed: "Motion for new trial on damages is denied without prejudice. The motion cannot be resolved until after the conclusion of Phase III." Resistance is now 19$, stock must break it to go forward.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. Have a nice evening !!!AC
Chart courtesy of stockchartsRAMBUS " RMBS " shares soared more than 24% to 23.50$ , in reaction to FTC's antitrust order. In its final order, the FTC said Rambus can charge a maximum rate of 0.5% for DDR SDRAM and a rate of 0.25% for SDRAM -- memory chips widely used in personal computers, servers, printers, and cameras. Those rates would apply over three years and then go to zero.!!! however the most important factor was that the commission nothing said about DDR2, the current flavor of memory used in the majority of PCs, nor did they rule on DDR3, which is expected to be the next major memory standard.The technical chart indicates that the stock is now very Bullish, 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 !!!! I'm still Long in the stock.Stocks to watch tomorrow : CYBX , NUANDisclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts