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Friday, March 23, 2012

Big Moves After-Hours: (DELL), (TFM), (SFUN), (CSE), (PEET)

Dell Inc. (NASDAQ: DELL): traded higher by 3.37% or $0.55/share in after hours trading to $17.03. In today's trading session, DELL fell by 3.20% or $-0.55/share to $16.48. In the past year, the shares have traded as low as $13.29 and as high as $18.36. On average, 17106200 shares of DELL exchange hands on a given day and today's volume is recorded at 27710304. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $17.50 represents resistance and the 200-day moving average of $15.93 would be an area of support.

The Fresh Market, Inc. (NASDAQ: TFM): fell by 2.62% or $-1.26/share in after hours trading to $46.85. In today's trading session, TFM traded higher by 2.69% or $1.26/share to $48.11. In the past year, the shares have traded as low as $30.86 and as high as $49.58. On average, 254982 shares of TFM exchange hands on a given day and today's volume is recorded at 270116. 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 $45.40 area where the stock will likely see buying pressure.

SouFun Holdings Ltd. (NYSE: SFUN): fell by 3.84% or $-0.72/share in after hours trading to $18.09. In today's trading session, SFUN traded higher by 6.15% or $1.09/share to $18.81. In the past year, the shares have traded as low as $8.96 and as high as $27.57. On average, 233223 shares of SFUN exchange hands on a given day and today's volume is recorded at 246524. 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 $17.95 area where the stock will likely see buying pressure.

CapitalSource Inc. (NYSE: CSE): traded higher by 3.52% or $0.24/share in after hours trading to $7.06. In today's trading session, CSE fell by 3.40% or $-0.24/share to $6.82. In the past year, the shares have traded as low as $5.08 and as high as $7.31. On average, 3310220 shares of CSE exchange hands on a given day and today's volume is recorded at 5428550. 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 $6.88 area where the stock will likely see buying pressure.

Peet's Coffee & Tea, Inc. (NASDAQ: PEET): fell by 5.23% or $-3.99/share in after hours trading to $72.24. In today's trading session, PEET traded higher by 5.52% or $3.99/share to $76.23. In the past year, the shares have traded as low as $44.78 and as high as $72.29. On average, 115475 shares of PEET exchange hands on a given day and today's volume is recorded at 381951. 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 $67.12 area where the stock will likely see buying pressure.