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Nvidia Corporation&Brocade Communications Systems Trend Analysis Reports: (NASDAQ:NVDA), (NASDAQ:BRCD)

 

New York, NY -- (ReleaseWire) -- 02/18/2013 -- Nvidia Corporation (NASDAQ:NVDA) stock closed at $12.73, up 0.01 percent from its previous close of $12.73. The stock opened the session at $12.70 and touched its highest price point at $12.79. Nvidia stock’s lowest price point for the session stood at $12.45. The stock is likely to maintain its bullish trend in the near term and medium term. Nvidia stock may touch $12.85 level in the coming trading sessions. On the downside, the stock has support at $12.65.

Nvidia deals in graphics chips and provides its products to computer and smartphone companies. It is based out of California.

Find out where NVDA could be headed by getting the trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=NVDA

Brocade Communications Systems Inc. (NASDAQ:BRCD) stock closed at $5.86, down 2.33 percent from its previous close of $6.00. Its latest trading volume has been recorded at 17.690 million shares, which is more than three times higher than its average daily trading volume of 5.73 million shares. The stock is likely to go down to $5.75 level in the coming trading sessions. Its second support level stands at $5.60. On the upside, the stock may go as high as $5.95.

Brocade Communications suffered $21.26 million in net loss for its fiscal first quarter. The company reported its revenue at $588.73 million.

Find out more on BRCD here:
http://www.monstertradingalerts.com/market-scan/?symbol=BRCD

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