New York (March 6th, 2013) - MGIC Investment Corp. (NYSE: MTG) shows bullish trend as the stock made sharp movement in its latest trading session. It opened the session at $5.87 and remained in $5.64 and $6.19 price range during the session. The stock is 8.41 percent higher at $5.79. MGIC Investment’s first support level is at $5.46. Upon breaching this level, the stock may touch $5.25. On the upside, its first resistance level is at $6.08 and its second resistance level is at $6.29.
MGIC Investment announced its plan to issues common stocks and notes to generate funds for nursing its sick units back in to operations.
Get the daily trend analysis report on MTG here:
Groupon Inc. (NASDAQ: GRPN) stock is at $5.67, up 0.62 percent from its previous close of $5.64. However, its today’s volume of 19.588 million shares is higher than its usual trading volume of 17.415 million shares. The stock opened the session at $5.74 and touched its highest price point at $6.01. Groupon’s lowest price point for the session stood at $5.60. The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $5.45.
Upon breaching this level, the stock may fall to $5.18 level. Groupon recently ousted its CEO and is currently scouting for his replacement.
Find out more on GRPN
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