Actionable news
All posts from Actionable news
Actionable news in RAX: RACKSPACE HOSTING Inc,

Rackspace Is Going Higher so Buy More

Can Rackspace Hostings (RAX) stock go higher? Yes, it can. If you hold shares, buy more now.

The cloud-computing specialist's stock, which trades around $23.30, has soared about 12% just in the past five days. The stock has now risen some 15% since falling to a low of $20.49 in May.

However, Rackspace's chart, courtesy of TradingView, still points to additional gains of 8% to 10% in the weeks ahead.

Despite the recent rise 12% surge the past five days...