Filed Under:
Tickers in this Article:
Due to Google's recent deal with DoubleClick Inc many traders have turned their attention to AQNT in hopes of a similar transaction. As you can see from the chart below, traders aggressively pushed the price of AQNT above an area of resistance, which could be used as a technical signal of a move higher. We'd expect to see the broken resistance near $29 to change its role and become an area of support in the event of a pullback. It will be interesting to see if the bulls will be able to maintain the bullish momentum that was started on Monday.

comments powered by Disqus
Trading Center