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Technical Briefing on Masco, USG Corp., Fastenal, and Headwaters



       Technical Briefing on Masco, USG Corp., Fastenal, and Headwaters

PR Newswire

LONDON, April 2, 2013

LONDON, April 2, 2013 /PRNewswire/ --

A report released by the Commerce Department on Tuesday showed that
construction spending in the U.S. rose 1.2% in the month of February. The
construction spending data came in above consensus forecast, and once again
highlighted the ongoing recovery in the U.S. housing market. The improvement
in the housing market has been benefiting not only homebuilders, but also
companies such as Masco Corporation (NYSE: MAS), USG Corporation (NYSE: USG),
Fastenal Company (NASDAQ: FAST), and Headwaters Inc. (NYSE: HW), which supply
general building materials. On Monday, though, shares of all four companies
fell sharply, tracking losses in the broad market. StockCall has posted free
technical research reports on MAS, USG, FAST, and HW and these can be accessed
by signing up at

http://www.stockcall.com/analysis

Shares of Masco Corporation edged lower on Monday, touching an intra-day low
of $19.76. The stock closed 1.78% lower at $19.89, taking its losses in the
last three trading sessions to over 3.60%. Despite the recent pullback,
Masco's shares have gained nearly 20% so far in 2013, outperforming the broad
market. However, the stock's MACD has just crossed below the signal line,
indicating that market sentiment has turned bearish. The company's shares
currently have support at around $19.50. Download the free report on MAS upon
registration at

http://www.StockCall.com/MAS040213.pdf

USG Corporation shares fell sharply yesterday, extending their losses from
last week. The stock ended the day 1.29% lower at $26.10, taking its losses in
the last three trading sessions to 3.30%. USG's shares touched an intra-day
low of $25.70 on Monday. The company's shares have fallen sharply after
failing to break through $30 resistance level. The stock has slipped below its
50-day moving average as a result of the recent sell-off. This is a bearish
signal. The downbeat trend is further confirmed by the stock's MACD chart.
Despite the sharp decline in last few sessions, the company's shares are still
up more than 41% in the last one year. USG technical report can be accessed
for free by signing up at

http://www.StockCall.com/USG040213.pdf

Shares of Fastenal Company were among the major losers on Monday. The stock
fell to an intra-day low of $49.54 before finishing the day 3.02% lower at
$49.78. Its shares fell below their 50-day moving average as a result of the
sharp decline yesterday. This is a bearish signal. The stock's MACD is trading
below the signal line and has also slipped below the zero-line, further
confirming this negative trend. The company's shares have support at around
$49. Despite the losses yesterday, the stock is still up nearly 7% for the
year. Free report on FAST can be accessed by registering at

http://www.StockCall.com/FAST040213.pdf

Shares of Headwaters Inc. fell sharply in trading on Monday, tracking losses
in the broad market. The stock fell to an intra-day low of $10.53 before
finishing the day 2.20% lower at $10.66. Headwaters' shares have now fallen
more than 3.50% in the last three sessions. The stock has slipped from around
$11 resistance level. The stock's MACD has crossed below the signal line,
which is a strong bearish signal. Its shares currently have support at around
$10.50. Year-to-date, the stock is still up more than 24.50%. Register with
StockCall and download the research on HW for free at

http://www.StockCall.com/HW040213.pdf

About StockCall.com

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SOURCE StockCall.com

Contact: Contact Person: William T. Knight, Email: info@stockcall.com; Contact
Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
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