New York, NY -- (ReleaseWire) -- 01/04/2013 -- Groupon Inc. (NASDAQ: GRPN), the daily deals site, has edged higher in mid-day trading today, extending its gains for the week. GRPN is currently trading 1.66% higher at $5.20 on volume of 6.55 million, which is a third of the daily average volume of 19.06 million.
GRPN has gained 9% so far this week and has broken through the $5 resistance level as a result of the rally this week. This is a strong bullish signal. The stock is now approaching $5.50 resistance level. The upward trend will continue if GRPN breaks through this level. The stock has strong support at around $4.75.
Find out more on GRPN by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=GRPN
Advanced Micro Devices Inc. (NYSE: AMD), a global semiconductor company, is up sharply in mid-day trading today. At last check, AMD was trading 1.81% higher at $2.54 on volume of 9.94 million, which is below the daily average volume of 25.87 million.
AMD has gained more than 5% in the last three trading sessions. The stock has broken through $2.50 resistance level as a result of the rally this week. The next resistance level for the stock is at around $2.75.
Earlier this week, AMD appointed Devinder Kumar as its Senior Vice President and CFO. Kumar will report to the company’s President and CEO, Rory Read.
Find out if AMD could pick up more steam on the very short term by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=AMD
WallStreetReport.net issues momentum alerts on stocks that can provide gains to day traders. WallStreetReport.net provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. WallStreetReport.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities.Through a vast network of IR professionals WallStreetReport.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the WallStreetReport.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report believes traders should have a chance at successfully trading Penny Stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetReport.net
Disclosure: WallStreetReport.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Net website, for complete risks and disclosures.
BlueLys, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
WALL STREET REPORT