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Ruckus Wireless, Inc. Message Board

  • thetechtraderca thetechtraderca Jun 28, 2013 10:59 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on RKUS at TheTechTrader site noting: Ruckus Wireless, Inc. (RKUS) had great action on Thursday, going from 11.81 to 13.35 and pulling back to 13.04, up 1.30, or 11%, on 3.7 million shares. That’s the biggest volume on an up-day going back more than a year when the IPO took place. This stock has gone from 26 all the way down to near 10 1/4, consolidated for a week, and on Thursday broke through the 10- and 21-day moving averages, and the 50-day at about 13.85. Then there's the lateral-price resistance at 14.10 to deal with on Friday. Let’s see if it can get up to that zone, and take out the declining topsline at 16 1/2.

12.77+0.23(+1.83%)May 24 4:02 PMEDT