By Tim - http://stockstobuy.org
The following is Radware Ltd. (RDWR) stock technical analysis for September 15, 2010
Radware Ltd. (RDWR) Support & Resistance Levels - 9/15/10
Radware Ltd. (RDWR) Support & Resistance Levels - 9/15/10
Radware Ltd. (RDWR) stock has been spiking over the past two days on buyout speculation. Rumor has it HP or IBM is in talks to buy the company for $1 billion. If these rumors are true, share of Radware Ltd. would fetch a price of $45-$46 per share. RDWR fell to the low $35's in early trading today and then went on to spike up to $40. You can tell something is brewing due to the volume. If you plan to play Radware as a buyout candidate, I would start buying below $36. Keep in mind, if this stock doesn't get bought out, it could drift back below $28.
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