Nearest Support: $49
Catalyst: News Feed Ads, Downgrade >>5 Stocks Set to Soar on Bullish Earnings Everyone's favorite social networking stock, Facebook ( FB) is slipping on high volume this afternoon following news that the firm will start introducing ads for apps to users' news feeds. Analysts are reacting anxiously over the news, spurring a downgrade from Pivotal Research. Despite the downward pressure on shares in today's session, this stock is hardly in make-or-break mode right now. Facebook has shown some serious relative strength in the last few months, rallying to new all-time highs after posting impressive fundamental improvements earlier this summer. Now, shares are consolidating in a tight range between $49 and $50. I wouldn't recommend buying FB here until it can crack resistance at $50.
Nearest Support: $7.50
Catalyst: Cerberus Interest, Restructuring Costs >>5 Stocks Insiders Love Right Now 2013 has been a rough year for BlackBerry ( BBRY). Shares of the $4 billion handset maker have fallen more than 35% year-to-date, stomped down by horrendous market share losses that have left investors running scared. While recent interest from private equity firms has ensured that trading activity remains strong in BBRY right now, it hasn't spared shares from scraping along new lows. The latest rumors involve Cerberus Capital Management as a potential suitor for BlackBerry, but the news is doing little to stop selling after news that restricting costs had ballooned to $400 million. From a technical standpoint, this chart is broken. Resistance at $8 is relatively weak, but support is even weaker -- lower ground looks likely in the interim. With so much headline risk surrounding a private equity buyout, there isn't a high-probability trade here.
Nearest Support: $32.50
Catalyst: Management Shakeup >>5 Stocks in Breakout Territory With Big Volume Microsoft ( MSFT) is one of those perennial high-volume names that gets investor attention no matter what's going on in the broad market. But it's getting more attention than usual in today's market session thanks to uncertainty over management. With CEO Steve Ballmer's announced retirement creeping closer, the firm is looking for a replacement, and names such as Ford ( F) CEO Alan Mulally are popping up. At the same time, an investor bid to remove Chairman Bill Gates from his role at Microsoft has been catching some attention of its own. Failed execution has been a problem at Microsoft for a while now, and a major shift in management could change that (or make it much, much worse). But in the near-term, shares at least look constructive. Resistance is nearby at $34, and MSFT has been making higher lows. If you're looking for timing on this trade, you could do worse than buying a breakout through $34. To see these stocks in action, check out the at Most-Active Stocks portfolio on Stockpickr. -- Written by Jonas Elmerraji in Baltimore.
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