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

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

PR Newswire

LONDON, April 2, 2013

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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