ICICI Bank Ltd (ADR) (NYSE:IBN) – Signs of distribution
ICICI Bank Ltd (ADR) (NYSE:IBN) didn’t have a good day in the market as it lost over 4%. The Asian banking sector, particularly Indian, is not enjoying the last few days and that is affecting these...
View ArticleSouFun Holdings Ltd (NYSE:SFUN) – Testing strong support in $5.00-$6.00
SouFun Holdings Ltd (NYSE:SFUN) is enjoying a corrective bounce this week which is seen in the latest bout of gain of 7.57%. The volume at 12 million was slightly higher than the average volume of 9...
View ArticleDDR Corp (NYSE:DDR) – Very strong support at $17.50-$18.00
DDR Corp (NYSE:DDR), a real estate investment trust (REIT), ended the day in the red for the second consecutive day. More than the loss of 1.2% in price, more alarming was the volume of 12 million,...
View ArticleKeyCorp (NYSE:KEY) – Long term uptrend remains strong till $13 levels
KeyCorp (NYSE:KEY), ranked ninth among Greater Cincinnati banks with local deposits of $770 million, is making a lot changes in its various positions. In early March this year, it appointed as the...
View ArticleThe Coca-Cola Co (NYSE:KO) – Strong support around $40
The Coca-Cola Co (NYSE:KO) has been struggling since last October as the stock attempted at least 4 times to rally but faced very strong rejection from the higher levels. It has effectively been...
View ArticleCisco Systems, Inc. (NASDAQ:CSCO) – Accumulate near $25-$26
Cisco Systems, Inc. (NASDAQ:CSCO) are suffering in the markets this week and yesterday was the third consecutive session of loss. It ended the day with only 1.35% loss but only after an intraday...
View ArticleTaiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) – Further drop to $21 likely
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) is being affected by both the strength in Dollar against the Emerging Market currencies and weakness in the Chinese economy. Most of the fund...
View ArticleSanDisk Corporation (NASDAQ:SNDK) – Strong support around $55
SanDisk Corporation (NASDAQ:SNDK), a flash memory chip maker, had a dramatic crash yesterday as it ended the session with a loss of 18.45% and registered a new 52-week low at $65.45. Naturally the...
View ArticleFacebook Inc (NASDAQ:FB) – Major movement only beyond $75-$85
Facebook Inc (NASDAQ:FB) has kept the community of analysts excited with the ongoing F8 annual developer conference but the market is keeping a cautious stance as evident from the small bout of profit...
View ArticleAnalog Devices, Inc. (NASDAQ:ADI) – Bullish momentum increasing
Analog Devices, Inc. (NASDAQ:ADI) exploded to the upside on the back of a rating upgrade from the analysts Blayne Curtis and Christopher Hemmelgarn from Barclays, who raise the price target to $70 from...
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