AU Optronics Corp. (NYSE: AUO) shows bullish trend as the stock made a sharp up movement today. The stock closed at $4.74, up 7.48 percent from its previous close. AU Optronics’s first support level is at $4.67. Upon breaching this level, the stock may go as low as $4.45. The stock made the up movement with twice its usual trading volume.
The company reported its consolidated revenue for the month of November at 1.4 percent higher on Month over Month basis. AU Optronics designs and markets flat panel displays. It supplies its products to OEMs and other clients. The company is based out of Taiwan.
Find out what is the impact of the report on AUO by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=AUO
Finisar Corp. (NASDAQ: FNSR) stock closed its latest trading session at $14.82, up 3.20 percent from its previous close of $14.36. However, its today’s volume of 5.5 million shares was twice higher than its usual trading volume of 2.535 million shares. The stock opened the session at $14.49 and touched its highest price point at $15.52.
Finisar stock’s lowest price point for the session stood at $14.45. The stock’s MACD chart shows bullish trend in the short term. Its first resistance level is at $14.96. Upon breaching this level, the stock may rise to $15.93 level. Finisar deals in data communication devices and components.
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