After rallying nearly 13% on Monday, Dell Inc. (NASDAQ: DELL), the maker of personal computers, is extending its gains in mid-day trading today. DELL had rallied on Monday after Bloomberg reported that the company is in discussions with private equity firms over a potential buyout. If DELL is acquired by a private equity firm, it will be biggest ever leveraged buyout.
DELL is currently trading 1.87% higher at $12.52 on volume of 51.49 million, which is more than two times the daily average volume of 23.45 million. DELL had been trading sideways prior to Monday’s rally. The stock broke through $11 resistance level on Monday, which is a bullish signal. Technical indicators suggest that the upward trend could continue.
Intel Corporation (NASDAQ: INTC), a designer, manufacturer and seller of integrated digital technology platforms, is marginally lower in mid-day trading today. At last check, INTC was trading 0.31% lower at $21.93 on volume of 15.61 million, which is less than half of the daily average volume of 40.69 million. INTC has gained more than 3.5% in the last five trading sessions.
The stock is seeing a pullback after failing to break through $22 resistance level. Investors are likely to remain cautious as INTC prepares to release its quarterly results. The company will report its fourth-quarter results on Thursday, January 17, 2013.
MonsterTradingAlerts.com issues momentum alerts on stocks that can provide gains to day traders. MonsterTradingAlerts.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. MonsterTradingAlerts.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals MonsterTradingAlerts.com is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the MonsterTradingAlerts.com newsletter and receiving alerts from a Pro-Active team of researchers. Trading Alerts believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www. MonsterTradingAlerts.com
Disclosure: MonsterTradingAlerts.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit MonsterTradingAlerts.com website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
Alexander K. Neumann
Monster Trading Alerts
SOURCE Investor Alley, Inc.