StockCall Pre-Market Review on ABB Ltd., Capstone Turbine, GrafTech Intl., Rockwell Automation, and Skullcandy
Last update: 4/11/2013 8:00:00 AM
LONDON, April 11, 2013 /PRNewswire via COMTEX/ -- The Dow Jones ended its latest session at 14,802.24, up 0.88 percent, marking its new high, similarly S&P also ended on a positive note at 1,587.73, up 1.22 percent. Our research team took a look at Industrial Goods sector, selecting major companies like ABB Ltd. (ABB), Capstone Turbine Corp. (CPST), GrafTech International Ltd. (GTI), Rockwell Automation Inc. (ROK) and Skullcandy Inc. (SKUL) from the Industrial Electrical Equipment industry. StockCall analysts initiated preliminary technical research on ABB, CPST, GTI, ROK, and SKUL.
Skullcandy Inc. is currently trading in-line with its 20-day moving average price but above its 50-day moving average price. It is in a bullish mode. The stock also ended the latest trading session 2.68 percent higher at $5.36, further confirming the trend. Skullcandy exchanged 339,141 shares during yesterday's session. The stock underperformed the broader markets and has declined 33.66 percent so far this year. However, it is likely to go up to $6.01 in the coming trading sessions. Its second resistance level is at $6.73. Skullcandy commands market capitalization of $148.47 million.
thank you for the info. i just bought in this week. 4 times actually. quite frankly, i never expect to buy in at the deepest valley and typically, when i am successful, i anticipate PPS to often drop a bit more before climbing back to my cost point. next, i expect the gravy. when i see an analyst pan a recent purchase, i am ok. i will buy into a company on a bad time as that is the basic premise, buy low. when the analysts are raving about the stock, that is to me a prelimary sell indicator. their analysis is always based on metrics that, at best, takes us to the moment. we are buying on future. no fear here. SKUL has many indicators going for it that have not yet made their way to the financials. New CEO, great cash flow, new product release with great potential, trading at low P/E, increasing QOQ revenue. if anything, i should buy additional shares on this dip to lower my cost basis...