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Bullboard - Stock Discussion Forum Brocade Communications Systems BRCD

"Brocade Communications Systems is a supplier of storage and Ethernet networking hardware and software technologies. The company is a well-known leader in storage area networking. Brocade offers a broad array of technologies including fibre channel and fibre channel over Ethernet for storage area networks, enterprise core and edge networking products along Ethernet fabric technologies. Brocade... see more

NDAQ:BRCD - Post Discussion

Brocade Communications Systems > trending up..will it last
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Post by carlos6 on Jan 13, 2011 11:25am

trending up..will it last


up since end of Nov.. Sp above 50,85,200 day avg., but the avg have themselves not turned up. The 50 day is still below the others.

T.A. are near overbought territory. Expect a pullback to test uptrend line around $5.51. That may also be where the 50 day avg will be in a month's time.


carlos
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