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RPX Corp ( RPXC - Snapshot Report ) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for RPXC broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. This has already started to take place, as the stock has moved lower by 4.2% in the past four weeks. Plus, the company currently has a Zacks Rank #4 (Sell) meaning that now could definitely be the time to get out of this potentially in-trouble stock.
Please enable JavaScript to view the comments powered by Disqus. Zacks Commentary Related Articles Healthcare Services to Buy Platinum ( HCSG , NRCIB , RPXC , SFUN ) Cardtronics on an Acquisition ups customer service Spree ( CATM , ESSX , EXAM , RPXC ) Company News for September 19, 2011 ( APO , BCS , NFLX , OPEN , RPXC , SSYS , TXT ) More Articles Commentary Archive Hawaiian Electric Industries (HE): Moving Average Crossover Spotted Time to Buy Global Ship Lease (GSL) After Recent Moving Average Crossover? Thompson Creek Metals (TC) Worth Watching: Stock Rises 6.5% Moving Average Crossover: Great News for Lakeland Bancorp (LBAI)? Is PDI (PDII) Ready to Breakout?
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