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Tuesday, July 2, 2013

Extremely Active Services Stocks (GOOG) (T) (IBM) (VZ) (AMZN)

Google Inc (NASDAQ: GOOG): fell by 0.60% or $-5.34/share to $882.54. In the past year, the shares have traded as low as $556.52 and as high as $920.60. On average, 2320560 shares of GOOG exchange hands on a given day and today's volume is recorded at 1089565. 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 $805.29 area where the stock will likely see buying pressure.

AT&T Inc. (NYSE: T): traded higher by 0.59% or $0.21/share to $35.51. In the past year, the shares have traded as low as $32.71 and as high as $39.00. On average, 27663400 shares of T exchange hands on a given day and today's volume is recorded at 8838688. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $35.91 area where the stock may encounter resistance.

Intl. Business Machines (NYSE: IBM): traded higher by 0.52% or $1.0/share to $192.28. In the past year, the shares have traded as low as $181.85 and as high as $215.90. On average, 4404110 shares of IBM exchange hands on a given day and today's volume is recorded at 1510359. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $202.41 area where the stock may encounter resistance.

Verizon Communications (NYSE: VZ): traded higher by 0.68% or $0.34/share to $50.70. In the past year, the shares have traded as low as $40.51 and as high as $54.31. On average, 13556000 shares of VZ exchange hands on a given day and today's volume is recorded at 3844510. 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 $50.70 area where the stock will likely see buying pressure.

Amazon.com, Inc. (NASDAQ: AMZN): traded higher by 0.96% or $2.72/share to $284.82. In the past year, the shares have traded as low as $191.60 and as high as $284.72. On average, 3442660 shares of AMZN exchange hands on a given day and today's volume is recorded at 2097699. 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 $264.63 area where the stock will likely see buying pressure.