New York, NY -- (ReleaseWire) -- 12/28/2012 --Schweitzer-Mauduit International Inc. (NYSE: SWM), a multinational diversified producer of specialty papers, is marginally lower in mid-day trading today. At last check, SWM was trading 0.03% lower at $38.97 on volume of 36,094, which is nearly a quarter of the daily average volume of 148,082.
SWM has traded in a tight range this week after rallying last week. The stock has been struggling to break through $39.50 resistance level. A strong bullish trend will be established if SWM can break through this level. The stock currently has support at around $38.5. If it falls below this level then the next support level will be at $38.
Find out where SWM could be headed by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=SWM
Research In Motion Limited (NASDAQ: RIMM), the maker of BlackBerry smartphones, is up sharply in mid-day trading today. At last check, RIMM was trading 1.28% higher at $11.91 on volume of 17.91 million, which is a little over a third of the daily average volume of 50 million.
RIMM has now gained nearly 12% in the last three trading sessions. The stock rebounded on Wednesday after falling more than 20% last Friday. The sell-off last Friday was sparked by the company’s third-quarter financial results, which showed a drop in subscriber base for the first time in the company’s history.
RIMM is currently facing resistance at around $12. The stock has support at $11.50.
Find out more about RIMM by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=RIMM
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