Mid-Day Stocks In Focus: (NASDAQ: EFTC), (NASDAQ: INTC)
E Trade Financial Corporation (NASDAQ: EFTC), a financial services company providing online brokerage and related products and services primarily to individual retail investors, is up sharply in mid-day trading today. At last check, EFTC was trading 2.57% higher at $9.61 on volume of 2.12 million, which is below the daily average volume of 3.45 million.
EFTC has broken through $9.50 resistance level as a result of the sharp rise in trading today. The next resistance level for the stock is at around $10.
Earlier today, EFTC announced that it will release its fourth-quarter financial results on Thursday, January 24, 2013.
Intel Corporation (NASDAQ: INTC), a designer and manufacturer of integrated digital technology platforms, is up sharply in mid-day trading today. At last check, INTC was trading 1.53% higher at $21.78 on volume of 25.81 million, which is below the daily average volume of 41.61 million. INTC has gained nearly 3% this week.
The stock has broken through $21.50 resistance level, which is a bullish signal. The next resistance level for INTC is at around $22. If the stock breaks through this level then there could be significant upside potential. The stock currently has strong support at around $21.
Earlier this week, INTC had announced a broad range of new mobile experiences.
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