Technical Coverage on Top Gainers -- Research on Fresh Market, First Bancorp, Amicus Therapeutics, and Magellan Petroleum

LONDON, June 4, 2014 /PRNewswire/ --

The US markets saw a negative sentiment on Tuesday, June 03, 2014, with the NASDAQ Composite closing at 4,234.08, down 0.07%, the Dow Jones Industrial Average ending the session at 16,722.34, down 0.13% and the S&P 500 edging 0.04% lower to finish the trading session at 1,924.24. During the session, Consumer Staples, Materials and Telecommunication Services sectors ended in negative, while some positive momentum were observed in the Energy, Health Care and Utilities sectors. Investor-Edge has initiated coverage on the following equities: The Fresh Market Inc. (NASDAQ: TFM), First Bancorp (NYSE: FBP), Amicus Therapeutics Inc. (NASDAQ: FOLD) and Magellan Petroleum Corporation (NASDAQ: MPET). Free technical research on TFM, FBP, FOLD and MPET can be downloaded upon signing up at:

http://www.investor-edge.com/3350-register

The Fresh Market Inc.'s stock finished Tuesday's session 7.96% higher at $32.95. A total of 2.27 million shares were traded, which was above its three months average volume of 1.09 million shares. The stock moved between $31.13 and $33.00 during the session. Over the past three trading sessions, The Fresh Market Inc.'s shares have advanced 9.83%. However, over the last one month and from the year's start the stock has lost 10.39% and 18.64%, respectively. The S&P 500 Consumer Staples Sector Index mapped a loss of 0.34% during the session, while it has advanced 1.31% in the last one month. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $40.95 is greater than its 50-day moving average of $33.66. The Fresh Market Inc.'s stock traded at a PE ratio of 28.77 and has a Relative Strength Index (RSI) of 40.03. Sign up today to read free research on TFM at:

http://www.investor-edge.com/3350-TFM-04Jun2014.pdf

On Tuesday, First BanCorp's stock fluctuated between $4.90 and $5.26 before ending the session 5.88% higher at $5.22. The company's stock reported a trading volume of 2.58 million shares, above its three months average volume of 0.78 million shares. Shares in First BanCorp have gained 4.40% in the past three trading sessions and 2.96% in the last three months. However, from the beginning of 2014, the company's stock has fallen by 15.67%. The S&P 500 Financials Sector Index registered a gain of 0.10% during the session, and it has advanced 1.54% in the last one month. The stock is trading below its 50-day and 200-day moving averages; the 200-day moving average of $5.59 is above its 50-day moving average of $5.23. Moreover, shares of the company have an RSI of 41.49. Sign up today to read free research on FBP at:

http://www.investor-edge.com/3350-FBP-04Jun2014.pdf

Amicus Therapeutics Inc.'s stock gained 8.13% on Tuesday, closing the day at $2.66. The stock recorded a trading volume of 3.64 million shares, much above its three months average volume of 0.59 million shares. The stock oscillated between $2.38 and $3.04 during the session. Over the last one month and previous three months, Amicus Therapeutics Inc.'s shares have surged 24.30% and 3.50%, respectively. Also, the stock has gone up 13.19% since the start of this year. The S&P 500 Health Care Sector Index reported a gain of 0.19% during the trading session and it has advanced 3.57% in the last one month. The stock is trading above its 50-day and 200-day moving averages. Further, the stock's 200-day moving average of $2.33 is above its 50-day moving average of $2.11. Additionally, the stock has an RSI of 64.37. Sign up today to read free research on FOLD at:

http://www.investor-edge.com/3350-FOLD-04Jun2014.pdf

On Tuesday, Magellan Petroleum Corp.'s stock recorded a trading volume of 1.61 million shares, higher than its three months average volume of 0.44 million shares. The stock ended the day at $1.78, which was 6.59% above its previous day's closing price of $1.67. Further, the company's stock vacillated between $1.66 and $1.96 during the session. Magellan Petroleum Corp.'s shares have gained 4.71% in the past three trading sessions and 31.85% in the last three months. Also, the stock has rallied 72.82% since the start of this year. The S&P 500 Energy Sector Index mapped a gain of 0.33% during the session, and the index has advanced 1.18% in the last one month. The company's stock is trading above its 200-day moving average. The stock's 50-day moving average of $1.85 is above its 200-day moving average of $1.29. Furthermore, shares of the company have an RSI of 33.19. Sign up today to read free research on MPET at:

http://www.investor-edge.com/3350-MPET-04Jun2014.pdf


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EDITOR'S NOTES:
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