franciskim
Long

Rackspace finding support below

NYSE:RAX   RACKSPACE HOSTING INC
35 0 0
The Ichimoku Cloud has turned green so this should provide good support below. Even though there are many that are skeptical about Rackspace and with their recent news, I do believe these guys understand the cloud hosting space the best, having been in it one of the longest.

Price action-wise, I believe more or less it will stay around current levels until earnings, unless there is some big news again about buyouts/going private etc. It may even fall a little but I have high expectations for the upcoming earnings as OpenStack & managed cloud services continue to be their biggest attraction for consumers.

Follow me on StockTwits:
http://stocktwits.com/SHIGGA
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out