OfficeMax, Barnes & Noble, Francesca's, Ross Stores, and Jones Group Early Briefing and Review
LONDON, March 22, 2013 /PRNewswire/ --
Various reports showing robust economic growth failed to provide a positive impetus to the market yesterday, which resumed its downward trend. International causes including growing Cyprus uncertainty fuelled the further decline in the market. The Services sector followed the broader trend and in light of this we have taken notice of major companies in this sector such as OfficeMax Inc. (NYSE: OMX), Barnes & Noble Inc. (NYSE: BKS), Francesca's Holdings Corp. (NASDAQ: FRAN), Ross Stores Inc. (NASDAQ: ROST) and The Jones Group Inc. (NYSE: JNY). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
http://www.stockcall.com/report
In-line with the trend shown by broad market indices, OfficeMax Inc.'s stock finished 0.99 percent lower at $11.95 and volume down from daily average of 4.36 million to 989,585 shares. The company's stock is up so far in 2013 with its year-to-date gain at 28.63 percent. However, the stock currently shows a bullish trend which is further confirmed by the stock's MACD chart. OfficeMax has its first support level at $11.18. In the coming trading sessions, the stock is likely to go as high as $12.05. Upon breaching this level, the stock may go as high as $12.81. Sign up for the free report on OMX at
http://www.StockCall.com/OMX032213.pdf
Barnes & Noble Inc.'s stock dipped in its latest trading session. The stock closed 0.88 percent lower at $16.87 with 1.24 million share volume on Thursday. Despite the decline, the stock is still up more than 12 percent so far for the year. In the past 52 weeks, the company is up 20.07 percent. The stock currently has support at $16.75 level. Its MACD chart shows a bullish trend. Barnes & Noble may face its first resistance level at $16.94. Upon breaching this level, the stock may go as high as $17.08. BKS free technical report can be accessed by signing up at
http://www.StockCall.com/BKS032213.pdf
Shares of Francesca's Holdings Corp. edged lower in yesterday's trading session, tracking movements in the broad market. The stock closed 0.28 percent lower at $28.83 on below average volume of 672,703. The company's shares have gained more than 15 percent this year, outperforming the broad market. It has support at $27.95. Despite the downward movement, Francesca's Holdings Corp. shares are still trading above their 20-day and 50-day moving averages. Free report on FRAN can be accessed by registering at
http://www.StockCall.com/FRAN032213.pdf
Ross Stores Inc.'s shares were up for Thursday's trading session, ending the day 3.36 percent higher at $58.06. The stock fell to an intra-day low of $55.56, while its intra-day high stood at $58.39. With the upward movement, Ross Stores has gained more than 9 percent so far this year, compared to a gain of 10.22 percent for the S&P 500. The company's shares have strong support at around $56.78, as the stock shows a neutral trend. The stock is trading higher than its 20-day moving average price of $56.96. Register with StockCall and download the research on ROST for free at
http://www.StockCall.com/ROST032213.pdf
Despite a mild downward movement in its previous trading session, The Jones Group Inc. is still up 18.97 percent hitherto for the year. It has gained 11.37 percent in the past 52 weeks. The stock closed 0.86 percent lower at $12.73 on volume of 628,356 shares. Its average trading volume stands at 901,557 shares. The company's shares currently face resistance at around $13.17. The stock has support at around $12.66. Read the full free research on JNY by signing up to StockCall at
http://www.StockCall.com/JNY032213.pdf
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