Can Spansion (CODE) Continue to Rise? - Tale of the Tape

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Although Spansion Inc. ( CODE ) is up over 8.4% in the past four weeks, investors may be concerned. After all, CODE is now in overbought territory, at least when looking at its RSI value of 70.9. If that wasn't enough, investors should also note that Spansion possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in CODE shares before too long.



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This article appears in: Investing , Investing Ideas , Stocks

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