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Nvidia (NVDA) Approaches New Downside Target of $23.12

Published on Wed, 02/09/2011 - 16:23
By Christie Duffy in business, down, exchange, finance, General Interest, market, NVDA, profit, revenue, stock, trade, up, business, down, exchange, finance, market, profit, revenue, stock, trade, up, Market Movers

Over the past year, Nvidia has traded in a range of $8.65 to $26.17 and is now at $23.10, 167% above that low. The 200-day and 50-day moving averages have moved 0.93% higher and 3.69% higher over the past week, respectively.

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NVDA

Shares of Nvidia (NASDAQ:NVDA) have bearishly opened below the pivot of $24.14 today and have reached the first support level of $23.50. Analysts will be watching for a cross of the next downside pivot targets of $23.12 and $22.09

By Christie Duffy
cduffy@fnno.com

Watch for Shares of Pfizer (PFE) to Approach Support at $18.93

Published on Wed, 02/09/2011 - 16:23
By Christie Duffy in business, down, exchange, finance, General Interest, market, profit, revenue, stock, trade, up, PFE, business, down, exchange, finance, market, profit, revenue, stock, trade, up, Market Movers

Pfizer share prices have moved between a 52-week high of $19.39 and a 52-week low of $14.00 and are now trading 35% above that low price at $18.95 per share. Over the last five market days, the 200-day moving average (MA) has gone

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Shares of Pfizer (NYSE:PFE) opened today below their pivot of $19.11 and have already reached the first level of support at $19.04. Investors may be interested in a cross of the next downside pivot targets of $18.93 and $18.74.

By Christie Duffy
cduffy@fnno.com

Citigroup (C) Breaks Through Support at $4.86

Published on Wed, 02/09/2011 - 16:23
By Christie Duffy in business, down, exchange, finance, General Interest, market, profit, revenue, stock, trade, up, c, business, down, exchange, finance, market, profit, revenue, stock, trade, up, Market Movers

Citigroup share prices have moved between a 52-week high of $5.15 and a 52-week low of $3.11 and are now trading 55% above that low price at $4.83 per share. Over the last five market days, the 200-day moving average (MA) has rema

finance, trade, up, down, business, stock, market, exchange, profit, revenue

Shares of Citigroup (NYSE:C) opened today below their pivot of $4.89 and have already reached the first level of support at $4.86. Investors may be interested in a cross of the next downside pivot targets of $4.83 and $4.77.

By Christie Duffy
cduffy@fnno.com

Wells Fargo (WFC) Approaches New Downside Target of $32.80

Published on Wed, 02/09/2011 - 16:23
By Christie Duffy in business, down, exchange, finance, General Interest, market, profit, revenue, stock, trade, up, wfc, business, down, exchange, finance, market, profit, revenue, stock, trade, up, Market Movers

A 13.9% potential upside exists for Wells Fargo, based on a current level of $33.09 and analysts' average consensus price target of $37.69. The stock should discover initial support at its 50-day moving average (MA) of $31.12 and

finance, trade, up, down, business, stock, market, exchange, profit, revenue

Shares of Wells Fargo (NYSE:WFC) opened today below their pivot of $33.85 and have already reached the first level of support at $33.45. Investors may be interested in a cross of the next downside pivot targets of $32.80 and $31.7

By Christie Duffy
cduffy@fnno.com

Watch for Shares of Morgan Stanley (MS) to Approach Support at $30.01

Published on Wed, 02/09/2011 - 16:23
By Christie Duffy in business, down, exchange, finance, General Interest, market, profit, revenue, stock, trade, up, ms, business, down, exchange, finance, market, profit, revenue, stock, trade, up, Market Movers

In the past 52 weeks, Morgan Stanley share prices have been bracketed by a low of $22.40 and a high of $32.29 and are now at $29.92, 34% above that low price. Over the past week, the 200-day moving average (MA) has remained consta

finance, trade, up, down, business, stock, market, exchange, profit, revenue

Morgan Stanley (NYSE:MS) has opened bearishly below the pivot of $30.60 today and has reached the first level of support at $30.32. Should the shares continue to fall, the support pivots of $30.01 and $29.42 will be of interest.

By Christie Duffy
cduffy@fnno.com

Next Support Level for Yahoo! (YHOO) is $16.27

Published on Wed, 02/09/2011 - 16:23
By Christie Duffy in business, down, exchange, finance, General Interest, market, profit, revenue, stock, trade, up, business, down, exchange, finance, market, profit, revenue, stock, trade, up, Market Movers

In the past 52 weeks, shares of Yahoo! have traded between a low of $12.94 and a high of $19.12 and are now at $16.54, which is 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbe

finance, trade, up, down, business, stock, market, exchange, profit, revenue

Shares of Yahoo! (NASDAQ:YHOO) have bearishly opened below the pivot of $16.64 today and have reached the first support level of $16.43. Analysts will be watching for a cross of the next downside pivot targets of $16.27 and $15.90

By Christie Duffy
cduffy@fnno.com

Next Support Level for Alcoa (AA) is $17.08

Published on Wed, 02/09/2011 - 16:23
By Christie Duffy in business, down, exchange, finance, General Interest, market, profit, revenue, stock, trade, up, AA, business, down, exchange, finance, market, profit, revenue, stock, trade, up, Market Movers

A 13.7% potential upside exists for Alcoa, based on a current level of $17.19 and analysts' average consensus price target of $19.55. The stock should discover initial support at its 50-day moving average (MA) of $15.51 and subseq

finance, trade, up, down, business, stock, market, exchange, profit, revenue

Shares of Alcoa (NYSE:AA) opened today below their pivot of $17.36 and have already reached the first level of support at $17.25. Investors may be interested in a cross of the next downside pivot targets of $17.08 and $16.80.

By Christie Duffy
cduffy@fnno.com

Stratasys Shares up 11.30% on 80% Increase in Q4 Profit

The company posted record revenue of $33.8 million for the fourth quarter ended Dec. 31, a 29% increase over the $26.2 million reported for the same period in 2009. Net income was $4.3 million for the fourth quarter, or $0.20 per

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Shares of Stratasys (SSYS) are up $4.80 to $40.18, or 11.61%, after the company reported strong fourth quarter and full year financial results that surpassed market expectations.

By Christie Duffy
cduffy@fnno.com

Morgan Stanley Lowered its 2011, 2012 EPS Estimates For Teva Pharmaceutical Industries (TEVA)

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Morgan Stanley lowered its 2011 and 2012 EPS estimates for Teva Pharmaceutical Industries (NASDAQ:TEVA) and maintained its equal-weight rating. The bank sees 2011 EPS of $5.05, down from $5.29 per share, and 2012 EPS of $5.78, do

By Christie Duffy
cduffy@fnno.com

Morgan Stanley Raised Its 2011 EPS Estimate For Illumina, Maintained Its OW Rating

The bank sees 2012 EPS of $1.98, up from $1.97 per share.

Illumina has a potential upside of 5% based on a current price of $70.25 and an average consensus analyst price target of $73.73.

Illumina is currently above its 50-day moving average (MA) of $66.13 and above its 200-day of $51.55.

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Morgan Stanley raised its 2012 EPS estimate for Illumina (NASDAQ:ILMN) and maintained its overweight rating and $78 price target.

By Christie Duffy
cduffy@fnno.com

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