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Thursday, December 22, 2011

Technical Buy or Sell : EZPW, SAN, BCR, LULU, RMBS, PAAS- 12/22/11

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 :

EZCORP, Inc (EZPW) - traded higher by 5.00% or $1.39/share to $29.18. In the past year, the shares have traded as low as $25.30 and as high as $38.66. Resistance area is $27.10 and support level at $25. 

Banco Santander-Chile (SAN)-Shares of Banco Santander-Chile (SAN) traded higher by 3.33% or $2.38/share to $73.78. In the past year, the shares have traded as low as $62.08 and as high as $96.82.Resistance area is $80 and support level at $62. 

CR Bard Inc (BCR)-Shares of CR Bard Inc (BCR) fell by 1.02% or $-0.88/share to $85.28. In the past year, the shares have traded as low as $80.80 and as high as $113.53. Resistance area is $88 and support level at $81. 

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.

Pan American Silver Corp (PAAS)-Shares of Pan American Silver Corp (PAAS) fell by 6.02% or $-1.44/share to $22.48. In the past year, the shares have traded as low as $23.08 and as high as $42.95. Resistance area is $25 and support level at $19.

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