New York, NY -- (ReleaseWire) -- 01/23/2013 --Alcatel Lucent SA (NYSE: ALU) traded in the range of $1.73 and $1.78 during its current trading session. The stock had opened at $1.75 and is currently at $1.75, up 3.25 percent from its previous close of $1.69. Alcatel Lucent has traded 11.140 million shares so far, in comparison to its average daily trading volume of 20.282 shares. The stock has overall bullish trend as per its MACD chart and it may go up to $1.81 level. Alcatel Lucent recently won Reliance contract in India. The contract is expected to be worth about $1 billion and involves maintenance of wired and wireless network.
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RF Micro Devices Inc. (NASDAQ: RFMD) stock is at $5.01, up 2.45 percent from its previous close of $4.89. The stock shows bullish trend as it made the up move with trading volume of 10.126 million shares, in contrast to the average daily trading volume of 5.702 million shares. Its bullish trend is further confirmed by its MACD chart and the stock may go as high as $5.09 in its coming trading sessions. RF Micro Devices is up after its good Q3 numbers. The company announced its quarterly revenue at $271.2 million, higher than consensus estimate of $245.7 million in revenue.
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