New York, NY -- (ReleaseWire) -- 01/03/2013 --Dell Inc. (NASDAQ: DELL), the personal computer maker, is up sharply in mid-day trading today, extending its gains from the previous trading sessions. DELL has been gaining momentum this week as the broad market rallied following the passage of a bill that averted the fiscal cliff. On Wednesday, the NASDAQ had finished more than 3% higher.
DELL is currently trading 1.73% higher at $10.86 on volume of 8.05 million, which is over a third of the daily average volume of 21.74 million. DELL has gained nearly 8% in the last three trading sessions. DELL has broken through $10.75 resistance level as a result of the rally this week.
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LSI Corp. (NASDAQ: LSI), a designer, developer and marketer of storage and networking semiconductors, is down sharply in mid-day trading today, reversing some of the gains from previous trading sessions. LSI had finished higher in each of previous four trading sessions. The stock broke through some key technical levels as a result of the four-day rally.
LSI, however, has slipped from around $7.60, which has been a stiff resistance level for the stock. The stock currently has support at around $7.20. If it falls below this level then the downward slide could continue.
Find out more about LSI by going through the free full trend analysis report here: http://www.wallstreetscoop.net/market-scan/?symbol=LSI
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