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Thursday, July 11, 2013

Top Gainers: (NYSE: BPI), (NASDAQ: ALNY), (NASDAQ: YY), (NASDAQ: GOLD), (NYSE: AMD)

NYSE (NYSE: BPI): traded higher by 20.78% or $2.62/share to $15.23. In the past year, the shares have traded as low as $8.11 and as high as $13.32. On average, 295986 shares of BPI exchange hands on a given day and today's volume is recorded at 3605181. 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 $12.49 area where the stock will likely see buying pressure.

NASDAQ (NASDAQ: ALNY): traded higher by 16.23% or $6.102/share to $43.70. In the past year, the shares have traded as low as $12.00 and as high as $39.42. On average, 476551 shares of ALNY exchange hands on a given day and today's volume is recorded at 1823046. 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 $31.23 area where the stock will likely see buying pressure.

NASDAQ (NASDAQ: YY): traded higher by 12.37% or $3.67/share to $33.35. In the past year, the shares have traded as low as $10.50 and as high as $30.95. On average, 704654 shares of YY exchange hands on a given day and today's volume is recorded at 1460366. 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 $27.58 area where the stock will likely see buying pressure.

NASDAQ (NASDAQ: GOLD): traded higher by 10.38% or $6.3/share to $67.00. In the past year, the shares have traded as low as $60.17 and as high as $127.27. On average, 980170 shares of GOLD exchange hands on a given day and today's volume is recorded at 1342274. 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 $70.69 area but be careful because the stock may face selling pressure at this level.

NYSE (NYSE: AMD): traded higher by 10.05% or $0.4/share to $4.38. In the past year, the shares have traded as low as $1.81 and as high as $5.07. On average, 27361000 shares of AMD exchange hands on a given day and today's volume is recorded at 58432060. 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 $4.01 area where the stock will likely see buying pressure.