First Solar, LSI Corp., GT Advanced Technologies, and Altera Under StockCall's Microscope
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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:20130415:nPn4159849 LONDON, April 15, 2013 /PRNewswire/ -- 2012 was a challenging year for the semiconductor industry as global economic uncertainty forced businesses to scale back their spending on technology. While the global economy is not out of the woods yet, there have been signs of improvement. This augurs well for companies such as First Solar Inc. (NASDAQ: FSLR), LSI Corp. (NASDAQ: LSI), GT Advanced Technologies Inc. (NASDAQ: GTAT), and Altera Corporation (NASDAQ: ALTR). Last Friday, nevertheless, shares of all four companies ended lower as the broad market struggled following the release of weaker-than-expected economic data in the U.S. StockCall has released full comprehensive research on FSLR, LSI, GTAT, and ALTR and these free technical analyses can be downloaded by signing up at http://www.stockcall.com/technicalanalysis Shares of First Solar Inc. ended marginally lower in Friday's trading session. The stock fell to an intra-day low of $36.51 before finishing the day 0.23% lower at $37.11 on above average volume of 7.90 million. The stock fell nearly 5.70% in the last three sessions, reversing some of the gains from last Tuesday, when the stock rose more than 45.50%. The company's shares had rallied last Tuesday after the company provided robust guidance for full-year 2013. Year-to-date, the stock has now gained more than 20.20%, outperforming the S&P 500, which has gained more than 11.40% in the same period. Free technical analysis on FSLR available by signing up at http://www.StockCall.com/FSLR041513.pdf Shares of LSI Corp. fell sharply in trading on Friday. The stock closed 1.84% lower at $6.40 on above average volume of 5.67 million. It touched an intra-day low of $6.30. LSI's shares have seen a series of lows over the past few months, which indicate that market sentiment is bearish on the stock. The stock's MACD is currently trading well below the zero-line, which further confirms the negative trend. Shares of LSI have fallen nearly 9.50% so far in 2013, even as the broad market has rallied. Register today and access the free research on LSI at http://www.StockCall.com/LSI041513.pdf GT Advanced Technologies Inc.'s shares were among the major losers in the technology sector last Friday. The stock closed 4.96% lower at $3.64 on volume of 3.38 million. Despite the significant losses in its last trading session, the company's shares have gained nearly 1.40% in the last three sessions. GT Advanced Technologies' shares saw a correction on Friday after finishing higher in each of the previous four trading sessions. The stock's MACD chart is still giving bullish signals. Shares of GTAT are trading above their 50-day moving average currently. The free report on GTAT can be downloaded by signing up now at http://www.StockCall.com/GTAT041513.pdf Shares of Altera Corporation fell sharply on Friday. The stock fell to an intra-day low of $33.06 before finishing the day 0.98% lower at $33.30 on above average volume of 3.37 million. Altera's shares have been trading sideways over the past few trading sessions, struggling to break through $34 resistance level. The stock is currently trading below its 50-day and 200-day moving average, which is a bearish signal. The negative trend is further confirmed by the stock's MACD chart. Year-to-date, the stock has fallen nearly 2.90%, underperforming the broad market. Free report on ALTR can be accessed by registering at http://www.StockCall.com/ALTR041513.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 Contact Person: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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