StockCall.com Provides Stock Research on Infosys, Microchip Technology, TW Telecom, Take-Two Interactive Software, and China Unicom
New York City, New York -- (April 26, 2013)
Equity markets edged higher on Thursday, with the NASDAQ closing in the green for a fifth successive trading session. Stocks had seen a sharp pullback last week amid concerns over the state of the global economy. While the global economic environment remains uncertain, investors are still pouring money into equities. On Thursday, the technology sector rose 0.34%, tracking gains in the broad market. Among the major movers in the technology sector included Infosys Ltd. (NYSE: INFY), Microchip Technology Inc. (NASDAQ: MCHP), TW Telecom Inc. (NASDAQ: TWTC), Take-Two Interactive Software Inc. (NASDAQ: TTWO), and China Unicom (Hong Kong) Limited (NYSE: CHU). StockCall analysts initiated preliminary technical research on INFY, MCHP, TWTC, TTWO, and CHU. These free reports are accessible by signing today at
Shares of Infosys Ltd. edged higher yesterday, yet the gains were limited. The stock ended the day 0.15% higher at $40.86 on volume of 1.68 million after touching an intra-day high of $41.06. Despite the upward movement, Infosys’ shares are down nearly 1.10% in the last three sessions. The stock had seen a sharp decline earlier this month after the India-based company reported its quarterly results. Year-to-date, the company’s shares are now down 3.40% as compared to a gain of 11.15% for the S&P 500. The free technical analysis on INFY is available by signing up at
www.StockCall.com/INFY042613.pdf
Microchip Technology Inc.’s shares rose sharply in trading on Thursday. The stock touched an intra-day high of $36.34 before finishing the day 1.51% higher at $36.29 on volume of 1.71 million. The company’s shares have jumped more than 4.50% in the last three sessions which indicates that market sentiment is currently bullish on the stock. This positive trend is confirmed by the stock’s MACD chart. Microchip Technology’s shares have also crossed above their 50-day moving average as a result of the recent gains. Register now to download the free research on MCHP at
www.StockCall.com/MCHP042613.pdf
Shares of TW Telecom Inc. ended marginally higher in trading yesterday. The stock rose to an intra-day high of $27 before finishing the day 0.15% higher at $26.69 on above average volume of 1.86 million. TW Telecom’s shares have traded sideways in the last two weeks, struggling to break through $27 resistance level. The stock’s MACD has just crossed below the signal line which suggests that market sentiment has turned bearish. Its 50-day moving average recently crossed below the 200-day moving average, forming a “death cross”, which is another bearish signal. Free report on TWTC can be accessed by registering at
www.StockCall.com/TWTC042613.pdf
Shares of Take-Two Interactive Software Inc. shares fell sharply in Thursday’s trading session. The stock ended the day 2.21% lower at $15.51 on volume of 1.02 million. Despite the sharp decline, Take-Two’s shares have gained nearly 3% in the last three trading sessions. Year-to-date, the stock has jumped nearly 40.90%, outperforming the broad market. The company’s shares are currently trading more than 4% below their 52-week high.Register withStockCall and download the research on TTWO for free at
www.StockCall.com/TTWO042613.pdf
Another major gainer in the technology sector yesterday was China Unicom Limited. Shares of the Hong Kong-based company rose 2.09% to finish the day at $14.19 on above average volume of 1.17 million, taking their gains in the last three trading sessions to over 3.60%. Despite recent gains, China Unicom’s shares have fallen nearly 12.90% so far in 2013, underperforming the S&P 500. The stock is currently trading more than 19.70% below its 52-week high. Read the full free research on CHU by signing up to StockCall at
www.StockCall.com/CHU042613.pdf
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