Rambus (RMBS) NewsBite - One of Today's Top Gainers
Posted: Monday, April 27, 2009 2:52 PM EDT
By: Market Intelligence Center Staff
Rambus (RMBS) leads the list of top gainers so far today and is now at $11.26, up $1.32 (13.28%) on volume of 6,385,885 shares traded. Over the last 52 weeks the stock has ranged from a low of $4.95 to a high of $24.18. Rambus stock has been showing support around $9.48 and resistance in the $10.30 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for RMBS. If you are looking for a hedged play on RMBS the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 10 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Rambus (RMBS) Stock ReportSee what our analysts have uncovered about Rambus (RMBS).