New York, NY -- (ReleaseWire) -- 01/25/2013 --Applied Materials Inc. (NASDAQ: AMAT) is trading in the range of $12.74 and $12.98 during its latest trading session. The stock had opened at $12.76 and is currently at $12.90, up 2.34 percent from its previous close of $12.60. Applied Materials recorded the volume of 11.181 million shares. Its average daily trading volume stands at 12.901 million shares. Applied Materials is currently going through bullish phase and may touch $13.02 in coming trading session. Its first support level is at $12.66.

Applied Materials develops software and services to semiconductor and solar PV industry. The company is based out of California.

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Ericsson (NASDAQ: ERIC) shows neutral trend as the stock made an up movement in its latest trading session. It opened the session at $10.74 and remained in $10.65 and $10.79 price range during the session. The stock is currently 1.28 percent higher at $10.70. Ericsson’s first support level is at $10.48. Upon breaching this level, the stock may go as low as $10.20. On the upside, its first resistance level is at $10.92.

Ericsson deals in communication equipments and professional service to network operators. The company was earlier known as LM Ericsson Telephone Company and it changed its name in 2012.

Find out more on ERIC by getting the free full report here:
http://www.wallstreetreport.net/market-scan/?symbol=ERIC

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