Saturday, October 23, 2010

Trade alert: NLST

*Chart taken from www.stockcharts.com

Current pps: $3.07
Link to chart: link
Link to google finance: link
Link to latest headlines: link
Company website: link




Netlist, Inc. (NASDAQ:NLST) is showing a possible uptrend in this 6-month graph. RSI is close to 50, and positive MACD is showing some good signs. A close below 2.9-2.8 may signal strong weakness, and a break over 3.9 should signal strong days ahead and should be considered for longer hold.

Till the time the stock closes above the lower solid black line, this stock should give us good returns and one should just sit back and watch.
*Please do your own research before buying any stock listed here.

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