Investor Alley Inc.

Stocks on the Move: (NASDAQ:KERX), (NYSE:AMD)

 

New York, NY -- (ReleaseWire) -- 01/23/2013 --Keryx Biopharmaceuticals Inc. (NASDAQ:KERX) is trading in the range of $3.46 and $3.92 in its current trading session. The stock recorded the volume of 4.453 million shares, in comparison its average daily trading volume of 1.285 million shares. The stock had opened at $3.49 and is at $3.83, up 13.99 percent from its previous close of $3.36. Keryx Biopharmaceuticals has its first support level at $3.23 while it faces the resistance at $4.03. If the stock breaches this level, it may go as high as $4.10. Keryx Biopharmaceuticals is based out of New York and develops therapies for treating renal cancer.

Find out more on KERX by getting the free trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=KERX

Advanced Micro Devices Inc. (NYSE:AMD) shows bullish trend as the stock made a sharp up movement in its latest trading session. It opened the session at $2.62 and has remained in $2.59 and $2.72 price range during the session so far. The stock is 10 percent higher at $2.70. Advanced Micro Devices’ first resistance level is at $2.82. The stock is up on the news of its better than expected 4Q numbers. The company reported its quarterly loss at $473 million. Its revenue for the quarter stood at $1.16 billion, down from $1.69 billion it had reported for the corresponding quarter of the last year.

Find out more on AMID by getting the free trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=AMID

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