StockCall Pre-Market Review on Home Depot, Lowe's, Lumber Liquidators, and Builders FirstSource
LONDON, March 19, 2013 /PRNewswire/ --
Markets took a breather from its continuous ascent and started the week off by trading in negative territory. International news like concerns about Cyprus bailout and domestic budget cut issues kept the markets depressed. The services stocks followed broader market trends and showed a mild pullback. The secular positive sentiments, however, still persist. We took a look at the Services sector, focusing on the Home Improvement Stores industry where we are following the market performance of leading companies like The Home Depot Inc. (NYSE: HD), Lowe's Companies Inc. (NYSE: LOW), Lumber Liquidators Holdings Inc. (NYSE: LL) and Builders FirstSource Inc. (NASDAQ: BLDR). StockCall analysts initiated preliminary technical research on HD, LOW, LL, and BLDR. These free reports are accessible by signing today at
http://www.stockcall.com/register
The Home Depot Inc. was up marginally in its Monday's trading session. The stock closed 0.43 percent higher at $69.35 with below average volume of 5.97 million shares, showing a mildly bullish trend. The company has its first support level at $2.75. Upon breaching this level, its next support level is at $69.75. Home Depot is currently trading near its 52 weeks high of $71.45, while its 52 weeks low stands at $46.37. The company commands market capitalization of $103.75 billion. It is trading above its short-term average price but below its long-term average price, further confirming mildly bullish trend. The free technical analysis on HD is available by signing up at
http://www.StockCall.com/HD031913.pdf
Lowe's Companies Inc. ended its latest trading session at $38.74, down 0.18 percent from its previous close. Despite its latest downward movement, the stock is still up 10.75 percent on a YTD basis, while its 52 weeks gain stands at 27.39 percent. Lowe's stock oscillated in the range of $38.35 and $38.99 during Monday's session. It traded 7.30 million shares and shows a mild bullish trend. The stock may touch $39.77 in the coming sessions. Upon breaching this level, its next resistance level is at $40.91. Register now to download the free research on LOW at
http://www.StockCall.com/LOW031913.pdf
Lumber Liquidators Holdings Inc. slipped marginally with lower volume to end its latest session at $66.55. The stock ended 0.45 percent lower than its previous close. Its volume for the day stood at 512,766 shares. The stock is currently trading higher than its 20-day SMA of $66.44 but lower than 50-day SMA of $66.74, showing a neutral trend. Its first resistance level is at $70.21 while it may tumble down to $64.05 before receiving any support. The company's stock is up 29.05 percent on a YTD basis. Free report on LL can be accessed by registering at
http://www.StockCall.com/LL031913.pdf
Builders FirstSource Inc. clipped its 52 weeks gain by closing 1.33 percent lower. The stock ended yesterday's session at $5.92, while its highest price point for the session stood at $6.04. It traded 212,702 shares, down from its average daily volume high of 401,146. The company's shares traded in the range of $3.38 and $6.55 in the past 52 weeks and currently it is trading near its high price point. The company commands market capitalization of $573.53 million and it reported its latest EPS at -$0.57. Builders FirstSource's stock gained more than 48 percent in the past 52 weeks. Register with StockCall and download the research on BLDR for free at
http://www.StockCall.com/BLDR031913.pdf
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