Technical Briefing on First Solar, LSI Corp., GT Advanced Technologies, Altera, and Himax Technologies

   Technical Briefing on First Solar, LSI Corp., GT Advanced Technologies,
                        Altera, and Himax Technologies

PR Newswire

LONDON, March 15, 2013

LONDON, March 15, 2013 /PRNewswire/ --

On the back of encouraging job data and retail sales figures, the markets
continued their upward journey. All the major indices ended higher with S&P
closing 0.56 percent higher at 1,563.23. The Technology sector also fared well
as NASDAQ ended the session at 3,258.93, up 0.43 percent. The Dow Jones
remained in the green with 0.58 percent gain to close at 14,539.14. Our
research team took a look at Technology sector, more specifically the
Semiconductor - Specialized industry which includes major companies like First
Solar Inc. (NASDAQ: FSLR), LSI Corp. (NASDAQ: LSI), GT Advanced Technologies
Inc. (NASDAQ: GTAT), Altera Corporation (NASDAQ: ALTR) and Himax Technologies
Inc. (NASDAQ: HIMX). StockCall has posted free technical research reports on
FSLR, LSI, GTAT, ALTR, and HIMX and these can be accessed by signing up at

First Solar Inc. closed its latest trading session at $27.26, up 1.34 percent
from its previous close. The stock traded in the range of $26.33 and $27.33 in
yesterday's session with volume of 3.66 million. It is likely to face its
first resistance level at $27.45 and upon breaching this level the stock may
go up to $27.85. On the downside, the solar stock may tumble to $27.02 level.
The stock is highly volatile as it sports the beta of 1.58. So far in 2013, it
declined 8.52 percent whereas in the past 52 weeks, it lost 0.84 percent of
its value. The stock is in a bullish mode. Download the free report on FSLR
upon registration at

LSI Corp.'s stock is up 1.88 percent on a YTD basis thanks to its 1 percent
gain in the previous trading session. The stock closed at $7.05 after trading
in the range of $7.00 and $7.12. The stock shows a bullish streak and may
touch $7.25 level. Its second resistance level is at $7.45. It traded 5.77
million shares during Thursday's session, down from its average trading volume
of 7.42 million. The company declined 19.24 percent in the past 52 weeks but
has shown some recover in 2013. It is currently trading above its short-term
moving average price of $6.96. LSI technical report can be accessed for free
by signing up at

GT Advanced Technologies Inc.'s stock entered the green zone for its YTD
returns with a 3.15 percent gain in Thursday's trading session. The stock
traded in the range of $2.85 and $2.99 and closed at $2.95. However, it traded
lower than average number of shares at 2.08 million. It is in a bullish mode
and is likely to maintain its upward ascent in the coming sessions. Its first
resistance level is at $2.95 and it may test the support level of $2.65 in the
coming trading sessions. Free report on GTAT can be accessed by registering at

Altera Corporation traded in the range of $35.37 and $36.30 in its latest
session and ended the day at $35.61, up 1.80 percent. The stock's 52 weeks
range stands at $29.59 and $40.14. Altera has lost 6.29 percent of its value
in the past 12 months, while it gained 4.7 percent on a YTD basis. The
semiconductor company is in a bullish mode and may find its first support
level at $35.55. It is trading above its 20-day moving average of $35.40.
Register with StockCall and download the research on ALTR for free at

Despite the bullish trend shown by broad market indices, Himax Technologies
Inc.'s stock finished 1.01 percent lower at $3.92, with volume down from daily
average of 2.2 million to 2.11 million. The stock is up so far in 2013 with
its year-to-date gain at 65.4 percent. However, the stock currently shows a
bearish trend which is further confirmed by the stock's MACD chart. Himax
Technologies has its first support level at $3.85. Read the full free research
on HIMX by signing up to StockCall at

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