New York, NY -- (SBWIRE) -- 01/11/2013 -- Nokia Corporation (ADR) (NYSE: NOK), a provider of telecommunications infrastructure hardware, software and services globally, is soaring in mid-day trading today, extending its gains from the previous trading session. NOK had finished nearly 19% higher in Thursday’s trading session.
In today’s trading, NOK is up 4.47% to $4.65 on volume of 53.63 million, which is below the daily average volume of 66.97 million. NOK has broken through $4.25 resistance level as a result of the two-day rally. The stock could continue to rise before facing resistance at around $5.87, which is also its 52-week high. NOK currently has support at $4.25.
Find out if NOK could maintain the momentum by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=NOK
Gafisa SA (ADR) (NYSE: GFA), a company engaged in the homebuilding and real estate operations, is marginally higher in mid-day trading today. At last check, GFA was trading 0.87% higher at $4.64 on volume of 561,705, which is a little over a quarter of the daily average volume of 2.48 million.
GFA has traded in a very tight range over the past one week. The stock has been facing resistance at around $4.75. If GFA breaks through this level, a bullish trend will be established. The next resistance level after $4.75 will be at $5. GFA currently has strong support at $4.50.
Find out more about GFA by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=GFA
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