Trading Commentary on High Volume Stocks: (NASDAQ: GRPN), (NASDAQ: DVAX)
New York, NY -- (ReleaseWire) -- 02/21/2013 --Groupon Inc. (NASDAQ: GRPN) traded in the range of $5.709 and $5.98 during its latest trading session. The stock had opened at $5.82 and is at $5.86, up 4.83 percent from its previous close of $5.59. Groupon has traded 11.26 million shares so far and its MACD chart shows bullish trend. The stock may go as high as $5.95 level in the coming trading sessions. Upon breaching this level, the stock may go as high as $6.08. Groupon’s first support level is at $5.55.
The company is an online local commerce marketplace. Groupon is based out of Illinois and it was formed in 2008.
Find out if GRPN could be able to pick up more steam on the short term by getting the free trend analysis report here:
Dynavax Technologies Corp. (NASDAQ: DVAX) stock is at $2.845, up 2.71 percent from its previous close of $2.77. Its latest trading volume has been recorded at 3.711 million shares, which is higher than its average daily trading volume of 2.798 million shares. The stock has made up movement with high volume and thus shows bullish trend. It is likely to maintain its stance in the short run and medium run. The stock is likely to go up to $2.95 level in the coming trading sessions. Upon breaching this level, the stock may touch $3.06 level.
Dynavax Technologies is a clinical stage biopharmaceutical company.
Find out more on DVAX here: http://www.monstertradingalerts.com/market-scan/?symbol=DVAX
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View this press release online at: http://rwire.com/211036