RKUS had a pocket pivot 1/15/13. RKUS optimizes network capacity for service providers and enterprise networks. RKUS has a couple of caveats: 1) it is an IPO so subject to greater volatility, 2) it is relatively thin. On the other hand, earnings and sales are on a hot streak, not surprising for a stock this size with an emerging technology that holds promise. The stock is currently trading just about at its closing price on 1/15/13 so relative to the overall chart, is not yet extended. However, due to the two caveats above, know you may have to stretch your risk tolerance levels so position size accordingly or leave this one alone.
PPR - RKUS
|Published:||18 Jan 2013 16:35 ET|
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