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Rackspace Drops, Watch This Level

|Includes: Salesforce.com, Inc. (CRM), CTXS, FFIV, RAX

Rackspace Hosting Inc (NYSE:RAX) is a leading internet hosting company that uses the cloud technology. Today, RAX stock is falling lower by $1.16 to $45.95 a share. Day traders can watch for some intra-day support around the $45.50 level. Please remember, this stock is showing weak relative strength today so if the major stock indexes decline this stock could trade lower on the day.

Nicholas Santiago
InTheMoneyStocks.com