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Bullboard - Stock Discussion Forum Applied Micro Circuits Corporation AMCC

"Applied Micro Circuits Corp is engaged in providing silicon solutions for next-generation cloud infrastructure and data centers, as well as connectivity products for edge, metro and long haul communications equipment."

NDAQ:AMCC - Post Discussion

Applied Micro Circuits Corporation > re-visiting the nano world
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Post by silverfox21 on Jun 06, 2006 6:20pm

re-visiting the nano world

What a difference 4 months makes ! A slow piecemeal accumulation at the $2.50 u.s. level seems reasonable, but the longer range outlook looks a bit weak at this time. The MACD indicator on a 2 year weekly chart is just now entering negative territory with a down-ward trend that looks negative for a month or two. Patience is the order of the day.
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