Sunday, June 17, 2012

In the Zone

$FIO - Fusion-io, Inc.

Fusion-io, Inc. engages in the development, marketing, and sale of storage memory platforms for data decentralization in the United States.

Its platforms enhance the processing capabilities within a datacenter by relocating process-critical or active data from centralized storage to the server where it is being processed. The company's storage memory platform includes ioDrive and ioCache products; directCache data-tiering software; ioTurbine virtualization software; and ioSphere platform management software.

It sells its products through its direct sales force, original equipment manufacturers, resellers, and other channel partners in the United States, the United Kingdom, Germany, Japan, Hong Kong, Singapore, Korea, Australia, Canada, France, China, Italy, Denmark, and the Netherlands.

The company was formerly known as Fusion Multisystems, Inc and changed its name to Fusion-io, Inc. in June 2010. Fusion-io, Inc. was founded in 2005 and is headquartered in Salt Lake City, Utah.

Please keep (FIO) Fusion-io, Inc. on your watch list for a price breakout between $19.30 through $19.35 on heavier than average daily trading volume of 3.03 million..

As of the close of trading on Friday (FIO) Fusion-io, Inc. ended the week trading at $19.17 +0.07 or +0.37% on heavier than average trading volume of 14.67 million. The average weekly trading volume for the company is 14.02 million.

Please note that this is not a buy recommendation please do your own due diligence or get help from a professional before trading.

By: Marlin Rolle
*** Please have a close look at the charts listed below ****

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