Friday, April 27, 2012

April 27 Premarket Movers

Stock
Movement
Reason
Our Comments
AMZN
Up 30 points.
Earnings last night.
Stock blasted off last night after report.  Consolidating in premarket between 224 and 226.  220 could be a good swing number as that was resistance from November.

WDC
Down 5 points.
Earnings last night.
A wild ride for WDC last night.  Traded up on initial report, and then got rocked.  May find some support at 38, which is 1 month low.

PG
Down $1.85
Earnings.
Stock falling this morning.  Keep an eye on 1 month low of 65.77, that may provide some initial support.

MRK
Bid up slightly.
Earnings.
Major resistance remains at 39, with HFT resistance in the 38.90s.

F
Up 25 cents.
Earnings.
Trading through key 12 resistance area in premarket.  12 may be a good swing number.  Has traded as high as 12.41 in premarket.

IP
Flat.
Earnings.
Quiet after reporting earnings.  52 week high of 36.50 remains major resistance.

EXPE
Up 20%.
Earnings.
Wow.  Stock blasting to new all time highs.  40 is a big psychological number.


* Listen to Market Outlook show at 8:45 ET for more market movers.

2 comments:

  1. I was looking for movers in my area, but found this, now I know what questions to ask before investing, thanks.

    ReplyDelete
  2. Hi Bizzb,

    We've moved the blog, please visit www.premarketinfo.com for updated info.

    ReplyDelete