Rackspace Hosting (RAX) : 52 Week Resistance

RAX has just came off from its 52 week resistance at around $23.00 From the chart we can see that the Tenkan sen and Kijun sen are both flattening; a possible pause in its momentum. Kumo provides support at around $21.00 At this moment, the uptrend is still intact as we do not have any… Continue reading Rackspace Hosting (RAX) : 52 Week Resistance