Memory Device

Its price has been moving up bit by bit. It has just break-out from the triangle, MACD has crossover the zero centerline. With the launching of Window Vista, its bussiness on DRAM for this year will definitely improve. If it break its long term trendline, currently at 0.28, we will see it moving futher up.

Memory Device

MemoryD is currently supported at 0.255, resistance at 0.29, 0.295 and follow by 0.315. Current MACD has crossover the signal line, RSI showing strength, Stochastics moving up and has crossed over the 50% line and Momentum looks positive. If it close higher on Monday, we may see the MACD crossing over the zero centerline, which is a more bullish sign. If so, it may move towards the resistance line of the triangle at 0.315.

With the launching of window vista, it will provide more businesses for MemoryD. I've vested in this company few weeks back, now waiting for it to move further up.