New York (April 11th, 2013) - Despite a sharp up movement in its previous trading session, General Electric (NYSE: GE) Company is still up 2.25 percent for the year. It has grown 20.99 percent in the past 52 weeks. The stock closed 2.25 percent higher at $23.58 on volume of 39.77 million shares. Its average trading volume stands at 34.34 shares. General Electric shares currently face resistance at around $23.78. The stock has support at around $23.45. It is trading above its 20 day and 50 day moving averages, which is a bullish signal.
General Electric commands market capitalization of $245.19 billion and its stock trades at beta of 1.61.
Find out if GE could maintain the momentum by getting the free and full trend analysis report here:
Barrick Gold Corporation (NYSE: ABX) stock closed at $24.46, 8.36 percent lower. The stock traded in the range of $24.26 and $26.02 during the session and is currently below its 20 days moving average price of $24.49. Barrick Gold Corporation gained 28.08 percent so far this year. Its Price beta is 0.43, implying low volatility. Barrick Gold Corporation stock is in bearish phase and its first resistance level is at $24.55. On the downside, its first support is at $24.35.
Upon breaching this level, its second support level is at $24.30. Barrick Gold Corporation commands market capitalization of $24.49 billion.
Find out what the market could have in store for ABX here:
Stockreportdaily.com issues momentum alerts on stocks that can provide gains to day traders. Stockreportdaily.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. Stockreportdaily.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals Stockreportdaily.com is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the Stockreportdaily.com newsletter and receiving alerts from a Pro-Active team of researchers. Trading Alerts believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.Stockreportdaily.com
Disclosure: Stockreportdaily.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit Stockreportdaily.com website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
For full disclaimer visit; http://www.Stockreportdaily.com/disclaimer/
Stock Report Daily