Pre-Market Technical Analysis on GameStop and RadioShack - Electronic Stores Improving
LONDON, January 25, 2013 /PRNewswire/ --
Electronic stores continue to perform unevenly as a whole but long-term gains are beginning to look increasingly likely. Tough conditions have challenged RadioShack Corp. (NYSE: RSH) and Game Stop Corp. (NYSE: GME) in recent weeks but both appear capable of growth this year. StockCall has released its preliminary reports on these electric stores companies. The free technical analyses are available for free at http://www.stockcall.com/analysis
Difficult operating conditions have prompted stores to be more aggressive. RadioShack recently cut ties with Target in an effort to improve efficiency and extricate itself from an unfavorable arrangement. Domestic opportunities for the industry have been difficult to come by, sparking greater interest in overseas expansion. Through a franchise deal with Berjaya Retail Berhad, RadioShack intends to open a thousand stores throughout Southeast Asia over the next decade to better facilitate revenue gains in a less saturated market. Sign up today to download the free report on RadioShack at http://www.StockCall.com/RSH012513.pdf
On the gaming side of the industry, bleak December data ended a positive year on a down note. According to the NPD group, both hardware and software sales tumbled by more than 20% over the prior year period. GameStop Corp. [Free Technical Report on GME]  and similar companies are optimistic that major title launches in 2013 will help revenues get back on track. In its latest reported quarter, the company's revenue was down 8%. For the holiday season ending December 29th, 2012 same-store sales were down 4.4%.
- GameStop Corp. Technical Analysis [ http://www.StockCall.com/GameStopCorp012513.pdf ]
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