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Intra-Day Update On Selected Stocks: (NYSE: GOL), (NASDAQ; ACUR)
New York (December 11th, 2012) - Gol Linhas Aereas Inteligentes SA (ADR) (NYSE: GOL), a Brazil-based company engaged in the passenger air transportation sector, is down sharply in mid-day trading today, reversing some of the gains from the previous trading sessions. GOL is currently down 1.37% to $5.03 on above average volume of 1.11 million.
GOL had finished higher in each of the four previous trading sessions after the company said that it sees profitability in 2013. The four-day rally ended as the stock failed to break through its 50-day moving average. GOL could continue to slide before finding support at $4.80.
Find out more about GOL here:
Acura Pharmaceuticals Inc. (NASDAQ: ACUR), a specialty pharmaceutical company engaged in the research, development and commercialization of products focused on addressing medication abuse and misuse, is soaring in mid-day trading today, extending its gains from the previous trading session.
ACUR had finished more than 70% higher on Monday after the company announced the launch of next generation cold medicine to aid in the fight against meth. ACUR is currently trading 44.89% higher at $3.55 on above average volume of 8.51 million. The stock hit a 52-week high of $4.50 in trading today.
ACUR has crossed its 200-day moving average today, and has also broke through $3.25 resistance level. Technical indicators suggest that the rally will continue in the next few trading sessions.
Find out if ACUR could maintain its bullish approach here:
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All rights reserved.
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