Pre-Market Technical Analysis on GameStop and RadioShack - Electronic Stores Improving

 Pre-Market Technical Analysis on GameStop and RadioShack - Electronic Stores

  PR Newswire

  LONDON, January 25, 2013

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  

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 

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 ] ^[ ^1 ^] 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 29 ^th , 2012 same-store sales were down 4.4%.


1.GameStop Corp. Technical Analysis [ ]

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