3PAR (PAR) : Dell to acquire 3PAR

The headline says it all. Dell Inc. said Monday it plans to purchase data-storage company 3PAR Inc. for about $1.15 billion in cash, as the personal-computer maker seeks to boost its offerings for corporate technology departments. Dell will pay $18 a share for 3PAR, an 86.5% premium to the Fremont, Calif.-based company’s Friday closing price… Continue reading 3PAR (PAR) : Dell to acquire 3PAR

3PAR Inc (PAR) : Kumo resistance for 3PAR

A follow up on my previous post on 3PAR. What happens after the gap resistance? 1. 3PAR move up very quickly when it break through the gap resistance; it could be a short squeeze or just speculators trying to front run as 3PAR’s management is on the road with its various presentation at conferences. 2.… Continue reading 3PAR Inc (PAR) : Kumo resistance for 3PAR

3PAR Inc. (PAR) : Gap Resistance at 9.67

On the Ichimoku chart, 3PAR (PAR) manage to touch the resistance level at 9.67 This is a nice level to watch as we can see the following from the chart: 1. Tenkan sen has started to turn up and the price level is above it; suggest that the short term uptrend may have started