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3COM CORP COM support, resistance research

Stock : COMS	\| Stock Recommendations : Buy
Sector : Computer Networks	\| First Resistance : 3.60
Stock Name : 3COM CORP COM	\| Second Resistance : 3.71
Buy Near : 2.73	\| Third Resistance : 4.48
StopLoss : 2.12	\| First Support : 2.50
Posted date : 11/2/2008 12:00:00 AM	\| Second Support : 2.12

3Com Corporation.com (COMS) has given double top breakout on 10/30/08 and a buy signal, with rising moving average. Stochastic and ADX also given a buy signal.

3Com Corporation.com (COMS) announced on 10/24/08 has authorized a $100 million stocks repurchase plan. Again insiders bought 960,000 shares of 3Com at an average price of $2.22 between March 27 and April 1.3Com Corporation. com (COMS) is a leading provider of secure, converged voice and data networking solutions for enterprises of all sizes. As per technical analysis and fundamentally this penny stock lookes good candidate for portfolio investment. 3Com Corporation you can consider for Market Investment, Swing Trading, stock Investing, Day trading. Due to market and economic condition keep tight stop loss on all position. You can buy 3Com Corporation near $2.73.

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