Google Inc (NASDAQ: GOOG): traded higher by 1.51% or $13.69/share to $919.68. In the past year, the shares have traded as low as $562.09 and as high as $920.60. On average, 2303740 shares of GOOG exchange hands on a given day and today's volume is recorded at 1909917. 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 $880.84 area where the stock will likely see buying pressure.
AT&T Inc. (NYSE: T): traded higher by 1.40% or $0.495/share to $35.88. In the past year, the shares have traded as low as $32.71 and as high as $39.00. On average, 25412700 shares of T exchange hands on a given day and today's volume is recorded at 11704831. 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 $35.97 represents resistance and the 50-day moving average of $35.60 would be an area of support.
Intl. Business Machines (NYSE: IBM): traded higher by 0.49% or $0.94/share to $193.19. In the past year, the shares have traded as low as $181.85 and as high as $215.90. On average, 4433840 shares of IBM exchange hands on a given day and today's volume is recorded at 2451465. 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 $200.54 area but be careful because the stock may face selling pressure at this level.
Verizon Communications (NYSE: VZ): traded higher by 1.11% or $0.56/share to $51.10. In the past year, the shares have traded as low as $40.51 and as high as $54.31. On average, 12419700 shares of VZ exchange hands on a given day and today's volume is recorded at 5919015. 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 $50.28 area where the stock will likely see buying pressure.
Amazon.com, Inc. (NASDAQ: AMZN): traded higher by 2.72% or $7.962/share to $300.29. In the past year, the shares have traded as low as $212.61 and as high as $293.34. On average, 3060420 shares of AMZN exchange hands on a given day and today's volume is recorded at 2882794. 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 $274.93 area where the stock will likely see buying pressure.
