Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,371.16 108.60 0.67%
S&P 500 1,855.25 12.27 0.67%
NASDAQ 4,056.66 22.50 0.56%
Ticker Volume Price Price Delta
STOXX 50 3,131.97 40.45 1.31%
FTSE 100 6,580.25 38.64 0.59%
DAX 9,293.20 119.49 1.30%
Ticker Volume Price Price Delta
NIKKEI 14,417.68 420.87 3.01%
TOPIX 1,166.55 30.46 2.68%
HANG SENG 22,696.01 24.75 0.11%

Morning Research on Apollo Group, New Oriental Education & Technology, Corinthian Colleges, and Career Education



    Morning Research on Apollo Group, New Oriental Education & Technology,
                  Corinthian Colleges, and Career Education

PR Newswire

LONDON, April 8, 2013

LONDON, April 8, 2013 /PRNewswire/ --

Markets cracked under the pressure of disappointing job growth number in its
Friday's trading session. All the major indices closed in the red zone. The
services sector also looked weak as major training services stocks showed
recorded steep losses. Our research team tracked leading companies like Apollo
Group Inc. (NASDAQ: APOL), New Oriental Education & Tech Group (NYSE: EDU),
Corinthian Colleges Inc. (NASDAQ: COCO), and Career Education Corp. (NASDAQ:
CECO). StockCall has posted free technical research reports on APOL, EDU,
COCO, and CECO and these can be accessed by signing up at

http://www.stockcall.com/analysis

Apollo Group Inc.'s stock is down 16.62 percent on a YTD basis, thanks to its
3.07 percent decline in the Friday's session. The stock closed at $17.06 after
trading in the range of $16.89 and $17.40. The stock shows a bearish streak
and may touch $16.70 level. Its second support level is at $16.20. It traded
2.46 million shares during the session, down from its average trading volume
of 2.95 million. The stock declined 52.96 percent in the past 52 weeks and has
continued the trend in 2013. It is currently trading below its short-term
moving average price of $17.20 and long-term moving average price of $18.22,
confirming its downbeat trend. Download the free report on APOL upon
registration at

http://www.StockCall.com/APOL040813.pdf

New Oriental Education & Tech Group's stock extended its YTD loss with 2.61
percent loss in its Friday's session. The stock traded in the range of $15.63
and $16.31 and closed at $16.07. However, it traded higher-than-average number
of shares at 2.37 million. The stock is in a neutral mode and is likely to
maintain its upward ascent in the coming sessions. Its first resistance level
is at $16.78 and it may test the support level of $15.96 in the coming
sessions. Upon breaching this level, it may go down to $14.78. EDU technical
report can be accessed for free by signing up at

http://www.StockCall.com/EDU040813.pdf

Corinthian Colleges Inc extended its 52-week loss to 52.26 percent by closing
its previous trading session 2.56 percent lower. The stock closed at $1.90. It
is down 19.49 percent on a YTD basis. Corinthian Colleges' stock is currently
in a bearish mode and is expected to go down to $1.84 in the coming sessions.
Its next support level is at $1.79. On the upside, it is expected to face its
first resistance level at $2.00. The company traded in the range of $1.74 and
$3.99 in the past 52 weeks. The free report on COCO can be downloaded by
signing up now at

http://www.StockCall.com/COCO040813.pdf

Career Education Corp. is currently trading marginally above its 20-days and
50-days moving average price and is in a neutral mode. It also ended its
latest trading session 2.15 percent lower at $2.28, further confirming the
trend. Career Education Corp underperformed the broader markets and has lost
31.12 percent of its value so far this year. However, it is likely to go up to
$2.56 in the coming sessions. Its second resistance level is at $2.76. The
company commands market capitalization of $153.10 million. With beta of 0.67,
the stock tends to move in-line with the markets. Free report on CECO can be
accessed by registering at

http://www.StockCall.com/CECO040813.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)
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement