StockCall Pre-Market Review on Apple, Salesforce.com, Infinera, and LG Display

StockCall Pre-Market Review on Apple, Salesforce.com, Infinera, and LG Display

PR Newswire

LONDON, April 4, 2013

LONDON, April 4, 2013 /PRNewswire/ --

U.S. equity market tumbled on Wednesday as concerns over North Korea and some
disappointing economic data weighed down investors' sentiment. The second
quarter has begun on a weak note for the U.S. equity market following the
rally in the first quarter. Yesterday, all three benchmark indexes posted
significant losses. Technology sector was among the worst performers in the
S&P 500. Among the major movers in the technology sector were Apple Inc.
(NASDAQ: AAPL), salesforce.com Inc. (NYSE: CRM), Infinera Corp. (NASDAQ:
INFN), and LG Display Co. Ltd. (NYSE: LPL).StockCall analysts initiated
preliminary technical research on AAPL, CRM, INFN, and LPL. These free reports
are accessible by signing today at

http://www.stockcall.com/register

Despite the sharp decline in the technology sector, shares of iPhone maker
Apple Inc. edged higher on Wednesday. The stock ended the day 0.51% higher at
$431.99 after touching an intra-day high of $437.28. For the week, though,
Apple's shares are still down more than 2.50%. The company's shares have
fallen more than 18% this year even as the broad market has rallied. The stock
has continued its slide, which began in the fourth quarter of 2012. Shares of
AAPL currently face stiff resistance at $440. The stock has strong support at
around $420. The free technical analysis on AAPL is available by signing up at

http://www.StockCall.com/AAPL040413.pdf

Shares of salesforce.com were among the major losers in the technology sector
yesterday. The stock fell to an intra-day low of $166.69 before finishing the
day 3.89% lower at $168.51. For the week, salesforce.com's shares are now down
more than 5.70%. The stock has pared most of its gains for the year as a
result of the losses this week. Year-to-date, the company's shares are now up
just 0.24%. The stock is currently trading more than 10% below its 52-week
high. Shares of CRM have seen a sharp pullback after the stock hit its 52-week
high last month. Register now to download the free research on CRM at

http://www.StockCall.com/CRM040413.pdf

Another major loser in the technology sector on Wednesday was Infinera Corp.
Shares of the Sunnyvale, California-based company fell 3.68% to finish the day
at $6.28 after touching an intra-day low of $6.23. The stock has now fallen
more than 10.20% for the week. Despite posting significant losses this week,
Infinera's shares are still up more than 8% for the year. The stock has fallen
sharply after failing to break through $7.25 resistance level. The
Communication Equipment company's shares have slipped below their 50-day
moving average this week, which is a bearish signal. The stock's MACD has also
crossed below the signal line and the zero-line, further confirming this
negative trend. Free report on INFN can be accessed by registering at

http://www.StockCall.com/INFN040413.pdf

Shares of LG Display Co. Ltd. also edged lower in its last trading session,
extending their losses for the week. The stock ended the day 1.63% lower at
$13.85, which was also its intra-day low on Wednesday. LG Display's shares
have now fallen more than 5% for the week. The stock has pared all of its
gains for the year as a result of the losses this week. Year-to-date, the
company's shares are now down more than 4.30%. The stock has also slipped
below $14 support level, which is a bearish signal. Register with StockCall
and download the research on LPL for free at

http://www.StockCall.com/LPL040413.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

http://www.stockcall.com 

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)
 
Press spacebar to pause and continue. Press esc to stop.