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End of Day Hottest Picks: (NASDAQ: CLWR), (NASDAQ: ADNC)


New York, NY -- (ReleaseWire) -- 12/11/2012 --Clearwire Corporation (NASDAQ: CLWR) traded in the range of $2.38 and $2.77 during its latest trading session. The stock had opened at $2.41 and closed at $2.68, up 11.67 percent from its previous close of $2.40. Clearwire shows bullish trend and the stock has its first support level at $2.42 while it faces the resistance at $2.75.

Clearwire recorded the volume of 42.038 million shares, which is twice its average daily trading volume of 20.191shares. Clearwire is currently in negotiations with Sprint for a possible takeover. It is rumored that Sprint may buy as much as 49 percent stake in the company.

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Audience Inc. (NASDAQ: ADNC) shows bullish trend as the stock closed 9.52 percent higher at $9.55. It opened the session at $9.04 and remained in $9.00 and $9.82 price range during the session. Audience’s first resistance level is at $15.30. Upon breaching this level, the stock may go as high as $18.90. On the downside, its first support level is at $7.84.

The company recently entered into a deal with BBK to supply earSmart eS305 processors for its new Vivo X1 smartphone. Audience deals in intelligent audio and video solutions. It is based out of Mountain View in California.

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