Stocks Traders Should Be Looking out For: (NYSE:CIM), (NYSE:ALU)

New York, NY -- (ReleaseWire) -- 11/15/2012 --Chimera Investment Corporation (NYSE:CIM) is a real estate investment trust company. It offers various services including mortgage loans, RMBS and commercial mortgage loans. The stock is currently bearish phase and the trend is confirmed by the stock’s downward move of 5.19 percent in the latest trading session. The stock closed its latest trading session at $2.56. It opened the session at $2.70 and touched its highest price point at $2.73.

Chimera Investment Corporation stock’s lowest price point for the session stood at $2.53. Its first support level is at $2.54. Upon breaching this level, the stock may fall to $2.45 level. On the upside, the stock may go as high as $2.57.

Find out what else is to know when trading CIM by reading the free trend analysis report here: CIM, Trend analysis report

Alcatel Lucent SA (NYSE:ALU) is in the bearish mode and the stock fell 2.70 percent in its latest trading session. The company reported that it is going to focus on its collaboration with Togo Cellulaire. Its stock traded in the range of $1.06 and $1.16 during its latest trading session. The stock had opened at $1.16 and closed at $1.08.

The stock is expected to further dip down to $1.07 level. Upon breaching this support level, it may go down to $1.04. Alcatel Lucent is a networking solutions company and is based out of France.

Find out if ALU could bounce back in the short term by reading the free trend analysis report here: ALU, Trend analysis report

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