Investor Alley Inc.

Intra-Day Update on Selected Picks: (NYSE: URI), (NASDAQ: APKT)

 

New York, NY -- (ReleaseWire) -- 01/02/2013 -- United Rentals Inc. (NYSE: URI), an equipment rental company offering approximately 3,000 classes of equipment for rent to customers, is soaring in mid-day trading today, extending its gains from the previous trading session.

URI had finished 6.55% higher in trading on Monday. The stock is currently trading 4.77% higher at $47.69 on volume of 1.33 million, which is below the daily average volume of 1.89 million. URI rose sharply on Monday after struggling last week. URI has broken through $45 resistance level as a result of the two-day rally. This is a bullish signal. Technical indicators for URI point to further gains.

Find out where URI could be headed by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=URI

Acme Packet Inc. (NASDAQ: APKT), a provider of session delivery network solutions that enable the delivery of voice, video, data and unified communications services and applications across Internet protocol (IP) networks, is up sharply in mid-day trading today, extending its gains from Monday when the stock finished more than 4.5% higher.

APKT is currently trading 1.67% higher at $22.49 on volume of 440,451, which is a quarter of the daily average volume of 1.76 million. APKT bounced back on Monday after seeing significant selling pressure last week. Prior to Monday’s rally, APKT had finished lower for seven straight trading sessions. APKT is approaching $23 resistance level. If the stock breaks through this level then the upward trend will continue.

Find out if APKT could maintain the momentum by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=APKT

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