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ITMS

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ITMS

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Wednesday, 03/07/2012 11:05:45 AM

Wednesday, March 07, 2012 11:05:45 AM

Post# of 784
Cloud Stocks Float


This morning, all of the leading cloud computing stocks are catching a bid higher. Yesterday, the cloud computing stocks were sold off with the major stock market indexes. One of the leading cloud computing stocks that are trading higher today is Rackspace Hosting Inc (NYSE:RAX). This stock is trading higher by 0.41 cents to $51.73 a share. Short term traders should watch for intra-day resistance around the $52.57 and $53.25 levels. RAX stock is still trading above the daily chart 50 moving average which tells us that the stock still has strength. ...Continue reading here: http://bit.ly/yZzfU4
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