Salesforce.com Inc. (NYSE: CRM) is showing bullish trend as it traded in the range of $158.35 and $165.89 during its latest trading session. The stock had opened at $158.35 and closed at $165.00, up 4.15 percent from its previous close of $158.42. Salesforce.com recorded the volume of 4.369 million shares, more than three times its average daily trading volume of 1.809 million shares. The stock is likely to remain bullish in medium time period and may go up to $166.5 level. Salesforce.com stock received price target upgrade from Susquenhanna. Its new target is $185, up from $175.
Cisco Systems Inc. (NASDAQ: CSCO) closed its latest trading session marginally down 0.05 percent to $19.78 on volume of 58.448 million shares. The stock had finished up in three of the last five trading sessions. Cisco Systems is likely to find its first support level at $19.73, whereas its second support level is at $19.22. The stock has traded in the range of $14.96 and $21.30 in the past 52 weeks. Cisco Systems is a networking company and provides a wide range of technological solutions such as videoscape software products and CPE services. It is based out of San Jose in California.
RadioShack Corp. (NYSE: RSH), a retail chain store company, traded in the range of $1.97 and $2.08 during its latest trading session. The stock had opened at $1.97 and closed at $2.08, up 5.58 percent from its previous close of $1.97. RadioShack shows neutral trend and has its first support level at $1.95 while it faces the resistance at $2.39. If the stock breaches this level, it may go as high as $2.59. RadioShack trades at beta of 0.7. The company focuses on consumer electronic products and services. It deals through its retail stores and online website. RadioShack was formed in 1899.
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SOURCE Investor Alley, Inc.