Citigroup Inc. (C) gained another 5.58% on Thursday, to close at $4.18. The Citigroup (C) has moved out of a congestion zone earlier this week after struggling around $3.4 in a symmetrical triangle pattern with 20 day MA and 50 day MA.
Citigroup Inc. is now not far from breaching above its 200 day MA of [...]
International Business Machines (IBM) breached above its 50 day MA of $126.67, after earlier breaching above its 20 day MA two days back. The same confirms the initial signals of bullishness emerging in the stock…
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Facet Biotech Corp. (FACT) vaulted 65% with high volumes in the session on Wednesday following the premium buyout. The stock breached convincingly above its 20 day MA, 50 MA and 200 day MA in a single session following the M&A deal between two pharma sector companies. However, it would be a better idea to book [...]
As American International Group Inc. (AIG) has climbed close to 40% over the past one week, American International Group Inc.’s (AIG) daily chart has moved out of the symmetrical triangle formation with its 20 MA and 50 day MA after a long gap. The stock is now in a breakout zone, and traders could go [...]
Sprint Nextel Corp (NYSE: S) soared more than 6.5% Tuesday after a high level executive said that Sprint Nextel Corp (S) plans to cut debt faster and hinted that quarterly revenue could grow in 2010 for the first time in four years. The stock breached above its 50 day MA of $3.48 to show signs [...]
Cisco Systems Inc. (NASDAQ: CSCO), a networking equipment giant which constitutes part of the Dow and NASDAQ, closed in the day’s high at $26.13 following its indication that it is likely to make a significant announcement on Tuesday. The stock is now trading close to its trailing 52 week high of $26.36.
Cisco Systems Inc. has [...]
Arcsight Inc. (NASDAQ: ARST) started the Friday session with a strong gap down opening to shed 7.68% in a single session on Friday itself. Arcsight Inc. (ARST) breached below its 50 day moving average in the session, after falling below its 20 day moving average on Thursday.
Arcsight Inc. (ARST) is all set to test even [...]
American International Group Inc. (NYSE: AIG), struggling in the congestion zone of around $25-$26 for a long period, appears to be now emerging above those levels, and could even show a recovery up to $29. At $28.08, the stock is not far from those level, from where it has got fresh chances of making it [...]
The Apple Inc. (AAPL) stock has now moved to a new 52 week high, following the clarity it has made on Friday that its iPads would be available in stores from April 4. Apple Inc. (AAPL) is all set to make it to a breakout mode, once it breaches $220 convincingly…
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As the TiVo Inc. (TIVO) scaled to a fresh 52 week high, the strong volumes accompanying the spike in the volumes confirms the fact that the TiVo Inc. (TIVO) is now in a new breakout orbit, and could soar to $18-$19, with a small pause…
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Boeing Co. (BA), a Dow constituent, is now just a shade away from its trailing 52 week high of $65.80, as it closed Thursday’s session at $65.55. Once it breaches that level with volumes, Boeing Co (BA) has a potential to scale to higher level…
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Medivation Inc. (MDVN), which started the Wednesday started with a major gap-down opening, failed to show any improvement till early afternoon trading. A major sell off on record volumes was noticed on Medivation Inc. (MDVN), which had already slipped below its 20 day MA, 50 day MA and 200 day MA in the same session [...]
DELL Inc. (DELL), which breached above its 20 day MA on Tuesday, is now trading a shade below its 50 day MA, and could scale above past the same anytime now. The stock would subsequently swing into a bullish pattern, once the stock clears its 200 day MA of $14.03…
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The world’s biggest maker of mobile-phone chips Qualcomm Inc. (QCOM) picked up after it announced that it was planning to buy back $3 billion of its shares and boosted its quarterly stock dividend by 12% to 19 cents a share.
Qualcomm Inc. (QCOM) has been looking weak on charts since the end of January this year, [...]
The high volumes recorded on the Dillards (DDS) stock a day after its breached its 20 day MA and 50 day MA simultaneously on last Friday, allowed the stock to make a new intra day 52 week high of $20.17.
All these factors indicate that the DDS stock is all set for a breakout, and could [...]
Coca Cola’s stock, already at $53.12, is a shade above its 200 day MA of $53.05. A further correction in stock would pave way for a sell off in the stock…
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Century Aluminum Inc. (NASDAQ: CENX), breached below the long term support level of 200 day MA on Wednesday, after a wide gap-down opening. The leading producer of aluminum Century Aluminum (CENX) has remained sluggish over the past couple days, as it breached below its 20 day MA and 50 day MA earlier this week.
The stock [...]
With the Dollar Tree (DLTR) also evincing very high market participants’ interest in the session translating into strong volumes, the stock is now in a different breakout orbit. Dollar Tree could even scale to around $58-59 in near futures…
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Once the Home Depot Inc. stock scales above its trailing 52 week high, the same could take the stock into a new breakout zone. Home Depot stock could even challenge a level of $34 once it scales above that level, and trader could eye taking a long position in stock, once it scales to around [...]
Graco Inc. (NYSE: GGG) breached below its 20 day MA and 200 day MA in the same session on Monday, the first session after its quarter earnings were announced. Graco Inc. (GGG) was downgraded to “sell” from “neutral” by Goldman Sachs (NYSE: GS) on account of higher risks attached to US currency fluctuations.
Graco stock closed [...]
