Stocks Gaining Momentum: (NASDAQ: MU), (NYSE: ITUB)


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NASDAQ:MU / NYSE:ITUB
03/05/2013 [ACCESSWIRE]

New York (March 5th, 2013) - Micron Technology Inc. (NASDAQ: MU) traded in the range of $8.52 and $8.78 during its latest trading session. The stock had opened at $8.54 and is currently at $8.72, up 3.81 percent from its previous close of $8.40. Micron Technology recorded the volume of 22.79 million shares, in comparison to its average daily trading volume of 26.933 million shares, thus showing bullish trend.

The stock has overall bullish trend as per its MACD chart and the stock is likely to maintain the streak. Micron Technology is engaged in the business of developing semiconductor devices. 

Find out what could be next for MU here:

http://www.wallstreetreport.net/market-scan/?symbol=MU


ItauUnibanco Holding SA (NYSE: ITUB) is trading in the range of $17.84 and $18.26 during its latest trading session. The stock recorded the volume of 5.912 million shares, in comparison to its average daily trading volume of 10.439 million shares. Its up move shows bullish trend, which is further confirmed by its MACD and EMA charts. The stock opened at $17.84 and is at $18.14, up 2.05 percent from its previous close of $17.77. It is currently trading above its 6 days EMA of $17.82 and has its first support level at $17.80.

In the intermediate time period, the stock may test $18.42 resistance level. ItauUnibanco Holding SA offers credit and allied financial services. 

Find out where ITUB could be headed here:

http://www.wallstreetreport.net/market-scan/?symbol=ITUB

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