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Los Angelas, CA -- (SBWIRE) -- 09/25/2012 -- Rock-Tenn Company (NYSE:RKT) is +5.03 - +7.32% from the previous close of $68.72. It traded between $71.06 - 74.00 with total traded volume of 2432910 shares. Keep a close eye on RKT, as the stock has been showing unusual moves over the past weeks. At Current market price, RKT has recovered +69.11% from its 52-week Low of 43.61 and has Pulled back -0.54% from its 52-week high of 74.15. Shares of RKT are ripping higher today after Credit Suisse raised its price target on the stock to $82 from $73. The firm said reports indicate that containerboard producers successfully passed through a full $50 a ton price increase in September.From a technical perspective, RKT is trending higher here with above-average volume. This move has also pushed RKT above some near-term overhead resistance at $70.51. This move is quickly pushing RKT within range of triggering a major breakout trade. That trade will hit once RKTmanages to clear some past overhead resistance at $73.65 with high volume.Traders should now look for long-biased trades in RKT as long as it’s trending above $70.51, and then once it sustains a move or close above $73.65 with volume that’s near or above 962,108 shares. If that breakout triggers soon, then RTK will have a great chance of re-testing or possibly taking out its next major overhead resistance level at $77.33.
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Barnes & Noble, I (NYSE:BKS) is +0.79 - +6.62% from the previous close of $11.94. It traded between $11.93 - 12.83 with total traded volume of 1102778 shares. Keep a close eye on BKS, as the stock has been showing unusual moves over the past weeks. At Current market price, BKShas recovered +36.15% from its 52-week Low of 9.35 and has Pulled back -51.04% from its 52-week high of 26.00.
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Gol Linhas Aereas (NYSE:GOL) is +0.35 - +6.26% from the previous close of $5.59. It traded between $5.62 - 5.94 with total traded volume of 2644173 shares. Keep a close eye on GOL, as the stock has been showing unusual moves over the past weeks. At Current market price, GOL has recovered +57.56% from its 52-week Low of 3.77 and has Pulled back -35.50% from its 52-week high of 9.21. Leading the way higher is regional airline GOL Linhas (NYSE: GOL) , up by nearly 4%. Gol operates as a low-cost and low-fare airline connecting various cities around Latin America to Brazil. According to a recent presentation to investors, the company operates 120 aircraft flying 810 flights per day, has a 37% share of the Brazilian market, and carried over 35 million passengers in 2011. Needless to say, low unemployment and higher consumer spending is a coup for a company like this.
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Cellcom Israel, L (NYSE:CEL) is very active today and traded between $8.69 - 9.41 with total traded volume of 819136 shares. At a current price of 9.33, CEL is +0.58 - +6.63% from the previous close of $8.75. Moreover, At Current Market Price, CEL is in distance of +28.59% from its 50-day Moving Average price of $7.2554 and +8.17% from its 200-day Moving Average price of $8.6249. Cellcom Israel Ltd. (NYSE:CEL) has made an initiative of its own, and is submitting a service portfolio for using Bezeq infrastructures through its communications conduits. Cellcom also submitted another portfolio for dark fiber (fiber which Bezeq installs in communications conduits, part of capacity of which can be allotted to competitors). Cellcom wants to expand its range of products that will be included in the wholesale market. It believes that it must be based on the sum of its components, and not on a particular service as Partner and Bezeq agreed on. Cellcom's objective is to reach Bezeq's communications cabinets, and in some cases to place its own communications cabinet next to Bezeq's cabinets, or to use Bezeq cabinets and to reach customers from them.
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