SUNW , GTW , LVLT , Crude OIL Big Jump
The May contract was up 3.7% for the week and up 5.8% for the month and end the quarter over 9% higher.
According to chart above we are now near to break the LT resistance at 68.20.
Level 3 Communications Inc. on Tuesday raised its first-quarter and full-year financial outlook on a strong performance in its main network business. The company forecast operating income before depreciation and amortization, or OIBDA, at between $140 million and $150 million, up from its previous estimate of $105 million to $125 million, also the company increased its forecast for full-year OIBDA to between $600 million and $650 million, from a prior range of $550 million to $600 million. Level 3 reported consolidated adjusted OIBDA of $509 million for 2005. Level 3 also raised its net cash interest expense projection to $520 million from $505 million.
EMA 14 - Short term - Bullish
EMA 50 - Medium term - Bullish
EMA 200 - Long term - Bullish
Support : 5.04
According to the chart above this stock have lost more than 25% since the start of the year, and have already touched in a new year low at 2.13 , so now the panorama it's not easy for Gateway, but the 2.13 could sustain some selling pressure, I think !! but with this chart it's dificult to predict the bottom of the stock.
EMA 14 - Short term - Bearish
EMA 50 - Medium term - Bearish
EMA 200 - Long term - Bearish
Support : 2.15 Resistances : 2.30 and 2.45
According to chart above SUNW is trading in a short uptrend with a top at 5.65 and a bottom near of 5.10. The indicators shows now ( Fullsto ) some exaustion in the upside so at these levels we can see some profit taking as it occurred today.
EMA 14 - Short term - Bullish
EMA 50 - Medium term - Bullish
EMA 200 - Long term - Bullsih
That's All. Have a great weekend.....
AC