Intra-Day Update on High Profile Stocks: (NASDAQ: RIMM), (NASDAQ: AAPL)
New York, NY -- (SBWIRE) -- 01/22/2013 -- Research in Motion Limited (NASDAQ: RIMM) stock is at $17.39, up 9.78 percent from its previous close of $15.84, with very high volumes. Its latest trading volume has been recorded at 67.871 million shares, in contrast to the average daily trading volume of 41.848 million shares. The stock opened the session at $17.05 and touched its highest price point at $17.68. Research in Motion stock’s lowest price point for the session stood at $16.90. The stock’s MACD chart shows bullish trend and the stock may test its first resistance level at $17.49. The stock has been upgraded to Buy rating by Scotia.
Apple Inc. (NASDAQ: AAPL) is showing bearish trend as it is trading in the range of $496.63 and $507.87 during its current trading session. The stock had opened at $504.55 and is currently at $499.25, down 0.15 percent from its previous close of $500.00. Apple recorded the volume of 9.199 million shares so far. The stock is likely to remain bearish in medium time period and may tumble down to $489 level. On the up side, the stock may go as high as $513.35 in the coming trading sessions.
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