During regular trading hours, there were many stocks that continued to break out to the upside.Below these stocks are technical analysis which is lowest point of an downward trend. This is Trading signals that the downward trend is weakening and that buyers are gaining interest. The start of the pattern is a new low during the downward trend and after this point it finds support which stops the stock from falling further. Once stocks found support, it rises to a new resistance level. This sequence happens again and when the stock reaches its support level it will rise to the resistance level again, thus starting an uptrend. The stock needs to break out from the support level so it can rise further. High volume will validate a breakout. Investors should pay specific attention to the support and resistance levels, which will help them determine when to buy or sell the stock. You can also check previous stocks to buy reports- Right Here today. Hot stocks Today Right Here.Market Technical analysis Right Here
Here are some stocks Technical analysis :
Lululemon Athletica Inc. (LULU): Share of LULU traded higher by 2.84% or $1.43/share in pre-market trading to $51.75. In the past year, the shares have traded as low as $23.94 and as high as $64.49. Resistance area is $57 and support level at $48.
Rambus Inc. (RMBS): Share of traded higher by 5.92% or $0.52/share in pre-market trading to $9.30. In the past year, the shares have traded as low as $4.00 and as high as $22.80. RMBS shares are currently trading below the 200-day moving average which is bearish.Resistance area is $10 and support level at $6.
Sears Holdings Corporation (SHLD): Share of SHLD is now bearish now.The latest rating action was on Dec 18, 2008 when UBS initiated a Sell rating on the company. The result of 3 opinions makes for a mean price target on the stock of $42.67 ranging from as low as $40.0 to as high as $45.0.Resistance area is $70.25 and support level at $55.
State Street Corp (STT): Share of STT is bearish side right now. This indicates that analysts have a buy recommendation on the stock. The latest rating action was on Nov 11, 2010 when Jefferies initiated a Buy rating on the company.Resistance area is $30.25 and support level at $40.
ASML Holding NV (ASML): Share of ASML also bearish side stock now.This indicates that analysts have a buy recommendation on the stock. The latest rating action was on Jan 11, 2010 when FBR Capital upgraded the company from Mkt Perform to Outperform..Resistance area is $42.25 and support level at $37.
Molycorp, Inc (MCP): Share of MCP is continue in downside because of bad earning last week. This indicates that analysts have a buy recommendation on the stock. The latest rating action was on Nov 16, 2010 when Dahlman Rose initiated a Buy rating on the company..Resistance area is $36.25 and support level at $26.
Nordson Corporation (NDSN)-Shares of Nordson Corporation (NDSN) traded higher by 2.41% or $1.07/share to $45.5. In the past year, the shares have traded as low as $36.01 and as high as $59.10 Resistance area is $49.25 and support level at $40.
Rambus Inc. (RMBS): Share of traded higher by 5.92% or $0.52/share in pre-market trading to $9.30. In the past year, the shares have traded as low as $4.00 and as high as $22.80. RMBS shares are currently trading below the 200-day moving average which is bearish.Resistance area is $10 and support level at $6.
Sears Holdings Corporation (SHLD): Share of SHLD is now bearish now.The latest rating action was on Dec 18, 2008 when UBS initiated a Sell rating on the company. The result of 3 opinions makes for a mean price target on the stock of $42.67 ranging from as low as $40.0 to as high as $45.0.Resistance area is $70.25 and support level at $55.
State Street Corp (STT): Share of STT is bearish side right now. This indicates that analysts have a buy recommendation on the stock. The latest rating action was on Nov 11, 2010 when Jefferies initiated a Buy rating on the company.Resistance area is $30.25 and support level at $40.
ASML Holding NV (ASML): Share of ASML also bearish side stock now.This indicates that analysts have a buy recommendation on the stock. The latest rating action was on Jan 11, 2010 when FBR Capital upgraded the company from Mkt Perform to Outperform..Resistance area is $42.25 and support level at $37.
Molycorp, Inc (MCP): Share of MCP is continue in downside because of bad earning last week. This indicates that analysts have a buy recommendation on the stock. The latest rating action was on Nov 16, 2010 when Dahlman Rose initiated a Buy rating on the company..Resistance area is $36.25 and support level at $26.
Nordson Corporation (NDSN)-Shares of Nordson Corporation (NDSN) traded higher by 2.41% or $1.07/share to $45.5. In the past year, the shares have traded as low as $36.01 and as high as $59.10 Resistance area is $49.25 and support level at $40.
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