Technical Briefing on First Solar, LSI Corp., GT Advanced Technologies, Altera, and Himax Technologies
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For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130315:nPn3157249 LONDON, March 15, 2013 /PRNewswire/ -- On the back of encouraging job data and retail sales figures, the markets continued their upward journey. All the major indices ended higher with S&P closing 0.56 percent higher at 1,563.23. The Technology sector also fared well as NASDAQ ended the session at 3,258.93, up 0.43 percent. The Dow Jones remained in the green with 0.58 percent gain to close at 14,539.14. Our research team took a look at Technology sector, more specifically the Semiconductor - Specialized industry which includes major companies like First Solar Inc. (NASDAQ: FSLR), LSI Corp. (NASDAQ: LSI), GT Advanced Technologies Inc. (NASDAQ: GTAT), Altera Corporation (NASDAQ: ALTR) and Himax Technologies Inc. (NASDAQ: HIMX). StockCall has posted free technical research reports on FSLR, LSI, GTAT, ALTR, and HIMX and these can be accessed by signing up at http://www.stockcall.com/analysis First Solar Inc. closed its latest trading session at $27.26, up 1.34 percent from its previous close. The stock traded in the range of $26.33 and $27.33 in yesterday's session with volume of 3.66 million. It is likely to face its first resistance level at $27.45 and upon breaching this level the stock may go up to $27.85. On the downside, the solar stock may tumble to $27.02 level. The stock is highly volatile as it sports the beta of 1.58. So far in 2013, it declined 8.52 percent whereas in the past 52 weeks, it lost 0.84 percent of its value. The stock is in a bullish mode. Download the free report on FSLR upon registration at http://www.StockCall.com/FSLR031513.pdf LSI Corp.'s stock is up 1.88 percent on a YTD basis thanks to its 1 percent gain in the previous trading session. The stock closed at $7.05 after trading in the range of $7.00 and $7.12. The stock shows a bullish streak and may touch $7.25 level. Its second resistance level is at $7.45. It traded 5.77 million shares during Thursday's session, down from its average trading volume of 7.42 million. The company declined 19.24 percent in the past 52 weeks but has shown some recover in 2013. It is currently trading above its short-term moving average price of $6.96. LSI technical report can be accessed for free by signing up at http://www.StockCall.com/LSI031513.pdf GT Advanced Technologies Inc.'s stock entered the green zone for its YTD returns with a 3.15 percent gain in Thursday's trading session. The stock traded in the range of $2.85 and $2.99 and closed at $2.95. However, it traded lower than average number of shares at 2.08 million. It is in a bullish mode and is likely to maintain its upward ascent in the coming sessions. Its first resistance level is at $2.95 and it may test the support level of $2.65 in the coming trading sessions. Free report on GTAT can be accessed by registering at http://www.StockCall.com/GTAT031513.pdf Altera Corporation traded in the range of $35.37 and $36.30 in its latest session and ended the day at $35.61, up 1.80 percent. The stock's 52 weeks range stands at $29.59 and $40.14. Altera has lost 6.29 percent of its value in the past 12 months, while it gained 4.7 percent on a YTD basis. The semiconductor company is in a bullish mode and may find its first support level at $35.55. It is trading above its 20-day moving average of $35.40. Register with StockCall and download the research on ALTR for free at http://www.StockCall.com/ALTR031513.pdf Despite the bullish trend shown by broad market indices, Himax Technologies Inc.'s stock finished 1.01 percent lower at $3.92, with volume down from daily average of 2.2 million to 2.11 million. The stock is up so far in 2013 with its year-to-date gain at 65.4 percent. However, the stock currently shows a bearish trend which is further confirmed by the stock's MACD chart. Himax Technologies has its first support level at $3.85. Read the full free research on HIMX by signing up to StockCall at http://www.StockCall.com/HIMX031513.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1-646-396-9857 (9:00 am EST - 01:30 pm EST)
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