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Wednesday, July 3, 2013

Top Gainers: (NYSE: ELX), (NASDAQ: EZPW), (NYSE: AGI), (NASDAQ: FTNT), (NYSE: AG)

NYSE (NYSE: ELX): traded higher by 13.96% or $0.93/share to $7.59. In the past year, the shares have traded as low as $5.72 and as high as $7.98. On average, 713245 shares of ELX exchange hands on a given day and today's volume is recorded at 2871770. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $6.6318 area.

NASDAQ (NASDAQ: EZPW): traded higher by 7.12% or $1.24/share to $18.66. In the past year, the shares have traded as low as $16.57 and as high as $25.43. On average, 351758 shares of EZPW exchange hands on a given day and today's volume is recorded at 152660. 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 $18.89 area but be careful because the stock may face selling pressure at this level.

NYSE (NYSE: AGI): traded higher by 5.52% or $0.66/share to $12.61. In the past year, the shares have traded as low as $10.10 and as high as $20.28. On average, 49544 shares of AGI exchange hands on a given day and today's volume is recorded at 33197. 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 $13.25 area but be careful because the stock may face selling pressure at this level.

NASDAQ (NASDAQ: FTNT): traded higher by 5.48% or $0.95/share to $18.29. In the past year, the shares have traded as low as $17.31 and as high as $28.23. On average, 3067880 shares of FTNT exchange hands on a given day and today's volume is recorded at 1804153. 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 $21.20 area where the stock may encounter resistance.

NYSE (NYSE: AG): traded higher by 5.14% or $0.53/share to $10.84. In the past year, the shares have traded as low as $8.81 and as high as $24.20. On average, 1295560 shares of AG exchange hands on a given day and today's volume is recorded at 521998. 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 $14.96 represents resistance and the 50-day moving average of $10.53 would be an area of support.