New York (December 19th, 2012) - Axcelis Technologies Inc. (NASDAQ: ACLS), a company engaged in the design, manufacturing and servicing of ion implantation, dry strip and other processing equipment used in the fabrication of semiconductor chips, is marginally higher in mid-day trading, following the rally on Tuesday.
ACLS rallied on Tuesday after the company said in a filing that it received email notification from the NASDAQ Stock Market that it regained compliance with the $1 per share minimum bid price requirement for continued listing on the NASDAQ Global Select Market.
ACLS finished more than 12% higher on Tuesday. In today’s trading, the stock is up 1.50% to $1.35 on volume of 99,915. ACLS rallied on Tuesday after trading in tight range for over a weak. The stock had been struggling to break through $1.20 resistance level prior to Tuesday’s rally. Technical indicators for ACLS suggest that the upward trend will continue.
Find out if ACLS could pick up more steam in the very short term by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=ACLS
Ford Motor Company (NYSE: F), the Dearborn, Michigan-based automaker, is gaining in mid-day trading today, extending its gains from the previous trading session. At last check, Ford shares were trading 0.69% higher at $11.75 on volume of 21.09 million, which is more than half the daily average volume of 38.97 million. Ford shares have gained nearly 6% in the last three trading sessions.
Ford shares have broken through a key technical level as a result of the three-day rally. This is a bullish signal. Ford shares have been gaining momentum after the company this week announced that its C-MAX is the fastest-selling hybrid ever at launch.
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