New York, NY -- (ReleaseWire) -- 03/22/2013 --Micron Technology Inc. (NASDAQ: MU) opened at $9.75 and oscillated in the range of $9.74 and $10.18 in the latest trading session, creating its new 52 weeks high price point in the process. It is at $10.11, up 11.47 percent from its previous close of $9.07. Micron Technology shows bullish trend and the stock’s first resistance level is at $10.22. Upon breaching this level, the stock may touch $10.40. On the downside, it may slip to $10.05.
Micron Technology is up with above average volume of 66.885 million shares, confirming its bullish trend. The company develops and markets semiconductor devices.
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Modelez International Inc. (NASDAQ: MDLZ) traded in the range of $29.27 and $30.06 during its latest trading session. The stock had opened at $29.27 and is currently at $30.03, up 5.13 percent from its previous close of $28.56. Modelez International recorded the volume of 23.023 million shares, significantly higher than its average daily trading volume of 12.648 million shares, thus showing bullish trend.
The stock has overall bullish trend as per its MACD chart and the stock is likely to maintain the streak. Modelez International stock is up on the rumor of its possible merger with PepsiCo.
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NASDAQ Gainers on Mid-Day: (NASDAQ: MU), (NASDAQ: MDLZ)