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LONDON, February 28, 2013 /PRNewswire/ --
Technology sector is seeing intense activities as the major stocks made significant moves in either direction. However, the broader market indices remained in the green as The Dow Jones closed 1.26% higher at 14,075.37, the S&P 500 closed 1.27% higher at 1,515.99, and the NASDAQ closed 1.04% higher at 3,162.26. Our research team took a look at telecommunication stocks including major companies like Verizon Communications Inc. (NYSE: VZ), Equinix Inc. (NASDAQ: EQIX), MetroPCS Communications Inc. (NYSE: PCS), Leap Wireless International Inc.(NASDAQ: LEAP), and Telefonica Brasil SA (NYSE: VIV). StockCall has released full comprehensive research on VZ, EQIX, PCS, LEAP and VIV, and these free technical analyses can be downloaded by signing up at http://www.stockcall.com/technicalanalysis
Despite a mild upward movement in its previous trading session, Verizon Communications is still 7.12 percent higher for the year. It has gained 21.53 percent in the past 52 weeks. The stock closed 0.50 percent up at $46.35 on volume of 14.81 million shares. The company's shares currently face resistance at around $47.26. The stock has support at around $45.97. It is currently trading above its 20-day and 50-day moving averages, which is a bullish signal. Free report on VZ can be accessed by registering at http://www.StockCall.com/VZ022813.pdf
Equinix traded in the range of $212.26 and $214.71 during its previous trading session. It opened at $213.26 and closed at $212.67, down 0.20 percent. The stock is currently in a neutral mode and has its first resistance level at $214.06. Upon breaching this level, Equinix may go as high as $217.78. It traded 717,000 shares. The stock is trading below its 20-day moving average price and shows a neutral trend. In 2013, the stock is up 3.14 percent so far and its 52 weeks gain stands at 53 percent. Register with StockCall and download the research on EQIX for free at http://www.StockCall.com/EQIX022813.pdf
MetroPCS ended its previous trading session higher at $9.89, up 2.38 percent. The stock lost 0.5 percent this year, in contrast to the broad market. It has support at around $9.66 at the moment. Despite its upward movement, MetroPCS is still trading below its 20-day moving average price. The stock traded 4.85 million shares. Free technical analysis on PCS available by signing up at http://www.StockCall.com/PCS022813.pdf
Leap Wireless stock is in a neutral mode and is trading below its 20-day EMA of $5.58. It ended its latest trading session 2.28 percent lower at $5.56 and it oscillated in the range of $5.55 and $5.68 during the session. The stock trades at beta of 1.36. Leap Wireless is expected to face its first resistance level at $5.75. Register today and access the free research on LEAP at http://www.StockCall.com/LEAP022813.pdf
Telefonica Brasil's stock closed at $26.59, 2.35 percent up. The stock traded in the range of $26.08 and $26.62 during the session and is currently above its 20-day moving average price of $26.54. Telefonica gained 10.52 percent so far this year. Its Price/Earnings ratio is 20.14. Telefonica Brasil's stock is in a bullish phase and its first resistance level is at $27.34. On the downside, its first support is at $26.08. Upon breaching this level, its second support level is at $25.74. The free report on VIV can be downloaded by signing up now at http://www.StockCall.com/VIV022813.pdf
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