StockCall Pre-Market Review on VeriSign, Telefonica, AT&T Inc., TW Telecom, and BCE Inc.
LONDON, March 26, 2013 /PRNewswire/ --
The biggest catalyst for the markets in their first trading day of the week was the Cyprus deal. However, it failed to turn the direction of the markets and all the major indices registered lower close, maintaining the bearish streak of the previous week. Our research team took a look at the Telecom sector including major companies like Verisign Inc. (NASDAQ: VRSN), Telefonica S.A. (NYSE: TEF), AT&T Inc. (NYSE: T), TW Telecom Inc. (NASDAQ: TWTC), and BCE Inc. (NYSE: BCE). StockCall analysts initiated preliminary technical research on VRSN, TEF, T, TWTC, and BCE. These free reports are accessible by signing today at
http://www.stockcall.com/register
Verisign Inc. is currently in a bullish mode as the stock ended its previous trading session at $46.32, down 0.09 percent. The stock traded in the range of $45.97 and $46.57 during ysterday's session. Its first support level is at $45.92 and upon breaching this level, the stock may go down to $43.96 level. On the upside, Verisign's stock may touch $47.58 level. The stock has traded in the range of $32.81 and $50.15 in the past 52 weeks and it grew by 21.45 percent during the same time period. On a year-to-date basis, the stock is up 21.89 percent. The free technical analysis on VRSN is available by signing up at
http://www.StockCall.com/VRSN032613.pdf
Telefonica S.A.'s shares are down in yesterday's session, ending the day 5.14 percent lower at $14.04. The stock fell to an intra-day low of $13.96, while its intra-day high stood at $14.81. Despite the downward movement, Telefonica has grown more than 6 percent this year, compared to a gain of 10.64 percent for the S&P 500. The telecom company's shares have strong support at around $13.96, as the stock shows a neutral trend. The stock is trading higher than its 20-day and 50-day moving averages. Register now to download the free research on TEF at
http://www.StockCall.com/TEF032613.pdf
AT&T Inc.'s stock is in a bullish mode and is trading above its 20-day SMA of $36.35. It ended its latest trading session 0.11 percent lower at $36.39, and the stock oscillated in the range of $36.30 and $36.59 during Monday's session. The stock trades at Price/Earnings ratio of 30.07, higher than industry average. AT&T Inc. is expected to face its first resistance level at $36.86. Free report on T can be accessed by registering at
http://www.StockCall.com/T032613.pdf
TW Telecom Inc.'s stock closed at $24.50, 0.57 percent lower. The stock traded in the range of $24.46 and $24.85 during Monday's session and is currently in-line with its 20-day moving average price. TW Telecom Inc. declined 3.24 percent so far this year. Its Price/Earnings ratio is 49.00, making it an expensive stock. TW Telecom is in a bearish phase and its first resistance level is at $24.72. On the downside, its first support is at $24.48. Upon breaching this level, its second support level is at $23.73. Register with StockCall and download the research on TWTC for free at
http://www.StockCall.com/TWTC032613.pdf
BCE Inc. traded in the range of $45.41 and $45.93 during yesterday's trading session. It opened at $45.84 and closed at $45.55, down 0.28 percent. The stock is currently in a bullish mode and has its first resistance level at $45.70. Upon breaching this level, BCE may go as high as $46.19. It traded 831,932 shares and is above its 20-day moving average price. Its first support level is at $45.50. So far in the year, the stock is up 6.72 percent. Read the full free research on BCE by signing up to StockCall at
http://www.StockCall.com/BCE032613.pdf
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
SOURCE StockCall.com
Share this article