Before the Bell Scans of Research In Motion, EMC Corp., Himax Technologies, VimpelCom, and Mentor Graphics
LONDON, April 16, 2013 /PRNewswire/ --
Stocks saw their biggest one-day drop in 2013 on Monday as investors pulled money out of risk assets. Market sentiment was weighed down by disappointing Chinese and U.S. economic data. The weak economic data from the world's two largest economies has once again raised concerns over the state of the global economy. All sectors in the S&P 500 saw a sharp pullback, with technology sector falling more than 2%. Among the major movers in the technology sector yesterday were Research In Motion Limited (NASDAQ: BBRY), EMC Corporation (NYSE: EMC), Himax Technologies Inc. (NASDAQ: HIMX), VimpelCom Ltd. (NYSE: VIP), and Mentor Graphics Corp. (NASDAQ: MENT). StockCall has taken an interest in these companies and you can now sign up to download the free technical research on BBRY, EMC, HIMX, VIP, and MENT at
http://www.stockcall.com/registration
Shares of Research In Motion Limited edged higher on Monday, despite a sharp decline in the broad market. The stock closed 0.51% higher at $13.71 on volume of 21.21 million after touching an intra-day low of $13.42. Research In Motion Limited shares have fallen nearly 6.70% in the last three sessions. The stock recently slipped below its 50-day moving average, which is a bearish signal. The negative trend is further confirmed by the stock's MACD chart. Sign up today to read the free research report on BBRY at
http://www.StockCall.com/BBRY041613.pdf
EMC Corporation's shares fell sharply on Monday. The stock closed 1.43% lower at $22.78 on volume of 20.98 million, taking its losses in the last three sessions to nearly 2%. The data storage devices company's shares have struggled in the last one month, falling more than 11%. The stock has seen a series of lows over the last one month, which is a bearish signal. EMC's shares currently have support at around $22. Register to download the free technical analysis on EMC at
http://www.StockCall.com/EMC041613.pdf
Shares of Himax Technologies Inc. slipped in Monday's trading session; however, the losses were limited. The stock closed 0.17% lower at $5.86 on volume of 3.70 million, taking its losses in the last three trading sessions to nearly 5.50%. Despite the recent losses, Himax's shares are still up more than 144% for the year. The stock is still trading above its 50-day and 200-day moving averages. The company's shares currently have support at around $5.50. Free report on HIMX can be accessed by registering at
http://www.StockCall.com/HIMX041613.pdf
Shares of VimpelCom Ltd. were among the major losers in the technology sector yesterday. The stock ended the day 2.28% lower at $12 on above average volume of 1.57 million. Despite the pullback on Monday, VimpelCom's shares are still trading close to their 52-week high of $12.82. However, the stock slipped below its 50-day moving average yesterday, which is a bearish signal. The wireless communications company's shares currently have support at around $11.50. Register with StockCall and download the research on VIP for free at
http://www.StockCall.com/VIP041613.pdf
Shares of Mentor Graphics Corp. ended marginally lower in Monday's trading session. The stock fell to an intra-day low of $17.35 before finishing the day 0.28% lower at $17.50 on above average volume of 1.57 million. Year-to-date, shares of MENT have gained more than 3%, underperforming the S&P 500. The stock is currently trading 3.37% below its 52-week high. Read the full free research on MENT by signing up to StockCall at
http://www.StockCall.com/MENT041613.pdf
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