LONDON -- (Marketwire) -- 02/25/13 -- On Friday, stocks bounced back following two days of losses as sentiment was lifted by some solid Eurozone economic data. Stocks also rebounded as concerns over an early end to the Federal Reserve's bond buying program, which spooked investors earlier in the week, eased a little. At the close, our research team took notice of Pacific Ethanol Inc. (NASDAQ: PEIX), LyondellBasell Industries NV (NYSE: LYB) and Rockwood Holdings Inc. (NYSE: ROC). Wall Street Active research team has completed free research on PEIX, LYB and ROC, we invite you to sign up now at
Pacific Ethanol's shares ended marginally lower on Friday even as the broad market rallied. The stock closed 0.65% lower at $0.382 on volume of 2.19 million. The stock has fallen more than 8.8% in the last three trading sessions. Despite the recent losses, the stock is still up more than 20.85% for the week. Pacific Ethanol's shares have fallen below their 200-day moving average as a result of the recent sell-off. This is a bearish signal. The bearish trend is further confirmed by the MACD chart. The stock's MACD recently moved below the signal line. The stock has support at around $0.375. Sign up today and get useful insight about PEIX for free at
Shares of LyondellBasell rose sharply in Friday's trading session. The stock closed 2.84% higher at $59.32 on volume of 3.97 million. The gains on Friday helped in reversing some of the losses from earlier in the week. LyondellBasell's shares had fallen to its $60 support level earlier in the week. However, the stock found support at around $58 and bounced back. It is currently trading at its 50-day moving average. Free report on LYB can be accessed by registering at
Shares of Rockwood Holdings ended marginally higher in Friday's trading session. The stock closed 0.13% higher at $59.54 on volume of 1.16 million, which is close to the daily average volume of 1.24 million. The company's shares also rose sharply for the week even as the S&P 500 posted losses. The stock gained more than 3.50% for the week. Year-to-date, the stock has gained more than 20%, making it one of the best performing stocks this year. Rockwood's shares have seen a series of higher highs this year, which is a strong bullish signal. The bullish trend if further confirmed by the stock's MACD chart. Register with Wall Street Active and download the research on ROC for free at
Disclaimer: WSA Financial is not a registered investment advisor, and nothing in this release is intended as a solicitation to buy or sell any security. Our pro-traders only aim is to educate investors based on their experience, and to share their knowhow.
Ravi S. Kapur
Telecommunication, Information & Data Manager
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