Charting the Clouds
Traders have their fingers crossed going into the final hours of today's session, hoping momentum does not wane as it had in the previous three sessions, and the indices close in their upper ranges.
The technology sector has been particularly damaged by recent market action and might be more responsive to any bounce in the broader market. Several stocks in the cloud computing space are seeing strong gains. Redhat (RHT) is up 3.7% and Radware (RDWR) is up 7% after bouncing off their-50 day moving averages and Akamai Technologies (AKAM) is up 3.8% after holding its 200-day moving average....278 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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