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Monday, March 26, 2012

Big Moves After-Hours: (CPA), (APOL), (VRA), (BMA), (EXPE)

Copa Holdings SA (NYSE: CPA): fell by 3.14% or $-2.48/share in after hours trading to $76.41. In today's trading session, CPA traded higher by 5.85% or $4.36/share to $78.89. In the past year, the shares have traded as low as $51.46 and as high as $77.80. On average, 327270 shares of CPA exchange hands on a given day and today's volume is recorded at 608692. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $72.85 area where the stock will likely see buying pressure.

Apollo Group Inc. (NASDAQ: APOL): fell by 3.94% or $-1.7/share in after hours trading to $41.50. In today's trading session, APOL traded higher by 1.86% or $0.79/share to $43.20. In the past year, the shares have traded as low as $37.08 and as high as $58.29. On average, 2259230 shares of APOL exchange hands on a given day and today's volume is recorded at 2789121. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $47.22 area but be careful because the stock may face selling pressure at this level.

Vera Bradley, Inc. (NASDAQ: VRA): fell by 2.94% or $-0.89/share in after hours trading to $29.35. In today's trading session, VRA fell by 1.91% or $-0.59/share to $30.24. In the past year, the shares have traded as low as $24.83 and as high as $52.36. On average, 722444 shares of VRA exchange hands on a given day and today's volume is recorded at 1177212. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $35.60 area but be careful because the stock may face selling pressure at this level.

Banco Macro S.A. (NYSE: BMA): traded higher by 10.70% or $2.13/share in after hours trading to $22.04. In today's trading session, BMA fell by 6.96% or $-1.49/share to $19.91. In the past year, the shares have traded as low as $18.08 and as high as $43.74. On average, 191251 shares of BMA exchange hands on a given day and today's volume is recorded at 225059. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $21.6129 area.

Expedia Inc. (NASDAQ: EXPE): fell by 2.79% or $-0.99/share in after hours trading to $34.45. In today's trading session, EXPE traded higher by 3.81% or $1.3/share to $35.44. In the past year, the shares have traded as low as $27.28 and as high as $65.78. On average, 3508770 shares of EXPE exchange hands on a given day and today's volume is recorded at 3297150. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $44.85 represents resistance and the 50-day moving average of $33.42 would be an area of support.