Subscribe for free stock alerts!

Wednesday, July 24, 2013

Gains In The Services Sector For The Day (KKD) (GES) (PNK) (EGHT) (IRS)

Krispy Kreme Doughnuts (NYSE: KKD): fell by 0.51% or $-0.1/share to $19.56. In the past year, the shares have traded as low as $5.96 and as high as $20.60. On average, 1517260 shares of KKD exchange hands on a given day and today's volume is recorded at 656697. 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 $18.34 area where the stock will likely see buying pressure.

Guess?, Inc. (NYSE: GES): traded higher by 0.61% or $0.2/share to $32.83. In the past year, the shares have traded as low as $22.48 and as high as $34.10. On average, 757751 shares of GES exchange hands on a given day and today's volume is recorded at 391376. 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 $31.52 area where the stock will likely see buying pressure.

Pinnacle Entertainment (NYSE: PNK): fell by 2.12% or $-0.41/share to $18.95. In the past year, the shares have traded as low as $9.00 and as high as $21.19. On average, 856073 shares of PNK exchange hands on a given day and today's volume is recorded at 889036. 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 $19.60 represents resistance and the 200-day moving average of $18.61 would be an area of support.

8x8, Inc. (NASDAQ: EGHT): fell by 0.58% or $-0.05/share to $8.59. In the past year, the shares have traded as low as $4.93 and as high as $9.00. On average, 695965 shares of EGHT exchange hands on a given day and today's volume is recorded at 342274. 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 $8.33 area where the stock will likely see buying pressure.

Irsa Inversiones y (NYSE: IRS): remained unchanged at $7.98. In the past year, the shares have traded as low as $6.51 and as high as $9.73. On average, 83702 shares of IRS exchange hands on a given day and today's volume is recorded at 6224. 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 $8.54 represents resistance and the 50-day moving average of $7.82 would be an area of support.