StockCall Early Morning Insight into Intel, InvenSense, Dell, and Corning

Apr 02, 2013, 08:00 ET from

LONDON, April 2, 2013 /PRNewswire/ --

Markets started a new trading week cautiously. Stocks remained subdued and traded with low volume. The main negative factor was weaker-than-expected manufacturing data which showed the slow growth during the first quarter. Technology sector also remained restrained as the stocks failed to break the resistance level. NASDAQ closed at 3,239.17, down 0.87 percent, while S&P lost 0.45 percent to close at 1,562.17. Our research team analyzed major technology companies like Intel Corporation (NASDAQ: INTC), InvenSense Inc. (NYSE: INVN), Dell Inc. (NASDAQ: DELL) and Corning Inc. (NYSE: GLW). StockCall has issued technical analysis and charting reports on INTC, INVN, DELL, and GLW. Download these free reports now at

Intel Corporation closed its Monday's trading session at $21.43, down 1.85 percent from its previous close. The stock shows a neutral trend and is likely to remain so in the short-term. It is expected to face minor pullback in the coming trading sessions and may find support at $21.18. Upon breaching this level, it may go down to $20.23 level. Intel traded 33.39 million shares during yesterday's session, and the stock oscillated in the range of $21.32 and $21.70. It has declined 23.78 percent in the past 52 weeks.  The company commands market capitalization of $105.99 billion. Download the free research on INTC today by registering at

InvenSense Inc. made a downward movement with 2.81 percent loss in its latest trading session. The company's stock ended at $10.38 and its highest price point for the session stood at $10.74. In the past 12 months, the stock has lost 42.65 percent while its YTD loss stands at 5.21 percent. InvenSense trades at beta of 1.02, which implies mild volatility. It traded 1.23 million shares during Monday's session, in comparison to its regular daily volume of 2.21 million shares. InvenSense has remained in $9.06 and $19.68 price range in the past 52 weeks. Sign up and have access to our free report on INVN at

Dell Inc. extended its 52-week losses to 13.83 percent by closing its previous trading session 0.21 percent lower. The stock closed at $14.30, with trading volume of 16.06 million shares on Monday. It is up 43.43 percent on a YTD basis. Dell is currently in a bullish mode and is expected to go up to $15.22 in the coming trading sessions. Its next resistance level is at $15.45. On the downside, it is expected to face its first support level at $14.25. The PC maker giant traded in the range of $8.69 and $16.85 in the past 52 weeks. The stock is highly volatile as it commands beta of 1.41. Sign up and read the complimentary report on DELL at

Corning Inc. is currently trading above its 20-day and 50-day moving average price and is in a bullish mode. It also ended its latest trading session flat at $13.33. Corning exchanged 13.57 million shares during yesterday's session. The stock has underperformed the broader markets and has gained 6.9 percent so far this year. In the past 12 months, it lost 5.33 percent of its value. However, it is likely to go up to $13.46 in the coming trading sessions. Its second resistance level is at $13.83. The tech giant commands market capitalization of $19.63 billion. The free report on GLW can be downloaded by signing up now at

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