| | Acacia Research Corporation support, resistance research
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Stock : ACTG |
| Stock Recommendations : Buy |
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| Sector : Technology : Electronic Instr. & Controls |
| First resistance : 3.61 |
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| Stock Name : Acacia Research Corporation |
| Second resistance : 4.60 |
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| Buy Near : 3.01 |
| Third resistance : 5.55 |
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| StopLoss : 2.42 |
| First Support : 3.01 |
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| Posted date : 1/1/2009 12:00:00 AM |
| Second Support : 2.84 |
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Acacia Research Corporation (ACTG) has given a breakout with high volume and also given a buy signal, with rising moving average. Stockhastic, rate of change (ROC) and ADX also given a buy signal
Acacia Research Corporation (ACTG) announced on Dec 31 2008 that its subsidiary, Data Network Storage LLC, Telematics Corporation, International Printer Corporation and Light Valve Solutions LLC has entered into a settlement and license agreement with the Hewlett-Packard Company relates to storage area networks, Datatrac Corporation, Océ, N.V. and Océ North America, Inc. and Hitachi, Ltd respectively. Recently Acacia Research Corporation (ACTG) bought the rights to a patent related to wireless data technology and its subsidiary, Acacia Patent Acquisition LLC, has acquired the rights to patents relating to vehicle occupant sensing technology.
As per technical analysis and fundamental research Acacia Research Corporation (ACTG) looks good candidate for penny Stock investing as well as you can add in portfolio investment. Recently ACTG given a breakout with rising moving average and also Stockhastic and Rate of change (ROC) given a buy signal. Acacia Research Corporation (ACTG) you can consider for Investment, Swing Trading, penny Stock Investing, Day trading. Due to market and economic condition keep tight stop loss on all position. You can buy Acacia Research Corporation (ACTG) near $3.01
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