Lead Gainers in the Nasdaq 100 Today: LIFE, CHRW, MU, BIIB, ILMN, LRCX, ERTS, SYMC, CELG, MCHP (Aug-28-2017)

NASDAQ Movers to the Upside Today

Life Technologies Corp.
LIFE is one of the market movers to the upside today with average volume. At market close, it was last traded at a price of $2.75 per share, up $0.15 or 5.77%. LIFE gained in 2 of the last 10 trading days. The movement today is a rebound to the stock after yesterday’s sell off. Technical indicators for this stock is bullish but the stock price is likely to be capped to the current trading range in the medium term. LIFE is finding support near $2.67 and resistance near $2.82. Be careful there could be a pull back or buy back when the stock reaches these levels. It has a 52 week high of $4.45 and a 52 week low of $2.10, with a current market cap of 65.56M and a PE ratio of 0.00.

C.H. Robinson Worldwide, Inc.
CHRW traded higher today on unusually high volume, 1.56 times more than usual. At the close of the market, it was last traded at $71.05 per share, up $1.98 or 2.87%. However, traders are taking profit from the stock in after hour trading. CHRW is so far down $0.98 or -1.38% in the after market session. CHRW ended the session positively in 5 of the last 10 trading days. Today’s closing figure extends the stock’s gain from yesterday. In the short term, the trend is bullish and the stock price could increase from the current level in the short term. Investors are recommended to wait for further indicators to confirm this up leg before chasing the stock at this level. CHRW is predicted to find support near $68.8 and resistance near $72.24. It has a 52 week high of $81.16 and a 52 week low of $63.41, with a current market cap of 9.97B and a price to earning ratio of 20.85. C.H. Robinson Worldwide, Inc. also has a dividend yield of 2.53% on an annual basis.

Micron Technology, Inc.
MU is ranked in the Nasdaq 100 top gainers today with average volume. At the close of the market, it was trading at a price of $31.08, up $0.79 or 2.61%. However, investors are pulling back from the stock in after hour trading. MU is so far down $0.22 or -0.71% in the after market session. MU closed higher in 6 of the last 10 trading days. Today’s closing figure extends the stock’s gain from yesterday. Technical indicators is bullish and the stock price could accelerate higher from the current level in the short term. Traders are recommended to wait for further indicators to confirm this uptrend before placing a bet here. MU should find technical support near $30.11 and resistance near $31.69. It has a 52 week high of $32.96 and a 52 week low of $16.14, with a market cap of 34.63B and a PE ratio of 14.31.

Biogen Idec Inc.
BIIB is ranked in the Nasdaq 100 top gainers today with above average volume. At the end of the day, it was trading at a price of $292.30, up $7.24 or 2.54%. However, investors are pulling back from the stock in after hour trading. BIIB is so far down $1.3 or -0.44% in the after market session. BIIB gained in 6 of the last 10 trading days. Today’s movement is a rebound to the stock after yesterday’s sell off. In the short term, the trend is bullish and the stock price could increase from the current level in the short term. Investors should wait for further indicators to confirm this up leg before chasing the stock at this level. BIIB is finding support near $283.1 and resistance near $300.1. It has a 52 week high of $304.23 and a 52 week low of $244.28, with a market cap of 61.80B and a price to earning ratio of 19.19.

Illumina, Inc.
ILMN is ranked in the Nasdaq 100 top gainers today with below average volume. At the end of the day, it was trading at $197.05, up $4.86 or 2.53%. ILMN closed positively in 5 of the last 10 trading days. The movement today is a rebound to the stock after yesterday’s dip. In the short term, the trend is bullish and the stock price could accelerate higher from the current trading range in the medium term. Traders are recommended to wait for further indicators to confirm this up leg before taking a position here. ILMN is predicted to find support near $190.23 and resistance near $201.49. It has a 52 week high of $199.95 and a 52 week low of $119.37, with a market capitalization of 28.83B and a PE ratio of 38.83.

Lam Research Corporation
LRCX traded higher today on below average volume, only 51 percent of its usual volume. At the end of the day, it was trading at a price of $160.67 per share, up $2.81 or 1.78%. However, investors are taking profit from the stock in after hour trading. LRCX is so far down $2.66 or -1.66% in the after market session. LRCX ended the session positively in 5 of the last 10 trading days. Today’s movement finally put an end to the stock’s 3 days losing streak. The trend for this stock is bearish but the stock price is likely to be capped to the current trading range in the medium term. LRCX is finding support near $158.59 and resistance near $161.89. Look for a trend reversal when the stock reaches these support and resistance. It has a 52 week high of $170.00 and a 52 week low of $89.80, with a market capitalization of 26.10B and a PE ratio of 17.45. Lam Research Corporation also has a dividend yield of 1.12% on an annual basis.

Electronic Arts Inc.
ERTS traded higher today on below average volume, only 70 percent of its usual volume. At the end of the day, it was last traded at a price of $118.73 per share, up $1.80 or 1.54%. However, traders are taking profit from the stock in after hour trading. ERTS is so far down $1.13 or -0.95% in the after market session. ERTS closed positively in 5 of the last 10 trading days. Today’s closing figure finally put an end to the stock’s 3 days losing streak. The trend for this stock is bullish but the stock price is likely to be capped to the current trading range in the short term. ERTS is predicted to find support near $117.44 and resistance near $119.53. Be careful there could be a trend reversal when the stock hits these prices. It has a 52 week high of $120.45 and a 52 week low of $73.74, with a market capitalization of 36.66B and a PE ratio of 31.83.

Symantec Corporation
SYMC is one of the market movers to the upside today with below average volume. At the end of the day, it was trading at a price of $29.92, up $0.45 or 1.53%. However, investors are pulling back from the stock in after hour trading. SYMC is so far down $0.51 or -1.70% in the after market session. SYMC gained in 6 of the last 10 trading days. Today’s closing figure adds to the stock’s 4 days winning streak. In the short term, the trend is bullish and the stock price could breakout higher from the current trading range in the short term. Investors should wait for further indicators to confirm this upward movement before taking a position here. SYMC is finding support near $28.98 and resistance near $30.48. It has a 52 week high of $33.22 and a 52 week low of $22.76, with a current market cap of 18.39B and a price to earning ratio of 0.00. Symantec Corporation also has a dividend yield of 1.00% on an annual basis.

Celgene Corporation
CELG is one of the market movers to the upside today with average volume. At the close of the market, it was last traded at a price of $131.65 per share, up $1.97 or 1.52%. However, traders are pulling back from the stock in after hour trading. CELG is so far down $1 or -0.76% in the after market session. CELG closed positively in 4 of the last 10 trading days. The movement today is a rebound after yesterday’s sell off. In the short term, the trend is bullish and the stock price could increase from the current level in the short term. Investors are recommended to wait for further indicators to confirm this upward movement before taking a position here. CELG is finding support near $128.78 and resistance near $134.32. It has a 52 week high of $139.00 and a 52 week low of $96.93, with a market capitalization of 103.00B and a PE ratio of 40.94.

Microchip Technology Inc.
MCHP traded higher today on below average volume, only 63 percent of its usual volume. At the end of the day, it was last traded at a price of $83.76, up $1.13 or 1.37%. The bullish movement continues into the after market session. In the after market, MCHP is up another $0.38 or 0.45%. MCHP ended the session positively in 4 of the last 10 trading days. Today’s closing figure finally put an end to the stock’s 2 days losing streak. In the short term, the trend for this stock is bullish but the stock price is likely to be capped to the current trading range in the medium term. MCHP should find technical support near $83 and resistance near $84.22. Watch out for a pull back or buy back when the stock trades near these levels. It has a 52 week high of $87.49 and a 52 week low of $57.52, with a current market capitalization of 19.49B and a PE ratio of 44.49. Microchip Technology Inc. also has a dividend yield of 1.73% annually.

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