ReleaseWire Connect

Axcelis Technologies Inc. (NASDAQ: ACLS), a company engaged in the design, manufacturing and servicing of ion implantation, dry strip and other processing equipment used in the fabrication of semiconductor chips, is marginally higher in mid-day trading, following the rally on Tuesday.

Salesforce.com Inc. (NYSE: CRM) is showing bullish trend as it traded in the range of $158.35 and $165.89 during its latest trading session. The stock had opened at $158.35 and closed at $165.00, up 4.15 percent from its previous close of $158.42. Salesforce.com recorded the volume of 4.369 million shares, more than three times its average daily trading volume of 1.809 million shares. The stock is likely to remain bullish in medium time period and may go up to $166.5 level. Salesforce.com stock received price target upgrade from Susquenhanna. Its new target is $185, up from $175.

Acme Packet Inc. (NASDAQ: APKT) traded in the range of $20.35 and $21.70 during its latest trading session. The stock had opened at $20.47 and closed at $21.34, up 4.86 percent from its previous close of $20.35. The stock’s MACD chart shows bullish trend and the stock may go up to $21.78 level in the coming session. Its bullish trend is likely to continue for the mid term time period. The stock has closed its previous three sessions with uptick.

After review of last three trading sessions the following stocks have been rated +70 or more using the trade triangle analysis. Based on a pre-defined weighted trend formula for chart analysis, these stocks were rated from -100 (strong downtrend) to +100 (strong uptrend).

City Telecom Limited (NASDAQ: CTEL) stock closed its latest trading session at $5.60, up 10.67 percent from its previous close of $5.06, with high volumes. Its latest trading volume has been recorded at 541K shares, in contrast to the average daily trading volume of 128K shares. The stock opened the session at $5.71 and it currently shows bullish trend. City Telecom may test its first support level at $5.51 and is likely to go as high as $10.09 in its coming trading sessions.

Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) traded sharply in its trading today. The stock ended the session 5.98 percent higher at $4.43 on volume of 3.158 shares. Acadia Pharmaceuticals shows mild bullish trend and the stock could continue to gain in the next few trading sessions before hitting resistance at around $4.75. Its first support level is at $4.22.

Acura Pharmaceuticals Inc. (NASDAQ: ACUR) stock closed its latest trading session at $3.49, up 42.45 percent from its previous close of $2.45. However, its today’s volume of 10.104 million shares was significantly than its usual trading volume of 133k shares. The stock opened the session at $2.55 and touched its highest price point at $4.50.

Clearwire Corporation (NASDAQ: CLWR) traded in the range of $2.38 and $2.77 during its latest trading session. The stock had opened at $2.41 and closed at $2.68, up 11.67 percent from its previous close of $2.40. Clearwire shows bullish trend and the stock has its first support level at $2.42 while it faces the resistance at $2.75.

BG Medicine Inc. (NASDAQ: BGMD), a provider of drug research and development services, is seeing a huge rally in mid-day trading today after the company announced that obtained CE Mark for its CardioSCORE test in Europe. The company’s President and CEO, Eric Bouvier said that he believes the CardioSCORE test will be a pivotal and disruptive game-changer in the primary prevention of major cardiovascular events and treatment of disease, representing a major advancement over the diagnostic tools used by clinician for the past 15 years.

Eastman Kodak Company (OTCQB: EKDKQ), a picture and printing company, is down in trading today, reversing some of the gains from the previous trading sessions. EKDKQ is currently trading 1.19% lower at $0.250 on volume of 1.61 million. Still, the stock is up more than 22% in the last three trading sessions.