Riverbed Could Jump Higher

Riverbed (RVBD) looks like it is getting ready to bust out higher, but the pause for me is the chart looks very similar to Cirrus Logic (CRUS) going into earnings and CRUS didn't turn out so hot.

On the plus side, CRUS has started to bounce and doesn't look so bad now, but it still makes RVBD tough here. Options are pricing in a move around $2.70, although I see major resistance points about $1.50 each way from this $17.50 level. I have looked at this several ways, with one play being my favorite, if there is such a thing....448 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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