December 27, 2012 at 17:05 PM EST
Intra-Day Update On Active Stocks: (NASDAQ: INTC), (NASDAQ: CSCO)

New York (December 27th, 2012) - Intel Corporation (NASDAQ: INTC), a designer and manufacturer of integrated digital technology platforms, is down sharply in mid-day trading today. INTC has slipped in trading today after market research firm IDC on Wednesday lowered its forecast for semiconductor sales growth for 2012 and 2013 due to weak personal computer sales and global economic uncertainty. IDC expects global chip revenue to grow less than 1% this year to $304 billion.

At last check, INTC was trading 1.48% lower at $20.34 on volume of 14.41 million, which is well below the daily average volume of 49.77 million. INTC has slipped below its 50-day moving average, which is a bearish signal. A strong bearish trend will be established if the stock falls below $20 support level.

Find out when INTC could bounce back by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=INTCCisco Systems Inc. (NASDAQ: CSCO), the San Jose, California-based network equipment maker, is another major technology stock that has fallen sharply in mid-day trading today. At last check, CSCO was trading 2.21% lower at $19.48 on volume of 16.31 million, which is well below the daily average volume of 43.31 million.

CSCO has slipped below $19.50, which has been a key support level for the stock. The next support level for the stock is at around $19. If it falls below this level then the downward slide will continue. CSCO has fallen in four of the previous five trading sessions.

The stock has slipped even as the company last week announced the completion of acquisition of Meraki.Find out more about CSCO by getting the free full report here:

http://www.wallstreetscoop.net/market-scan/?symbol=CSCO

About Us:

WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains. WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.Simply sign up for free and start receiving exclusive alerts.Subscribe Here: http://www.WallStreetScoop.netDisclosure: WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.Contact Info:Thomas GreeneWall Street Scoopinfo@wallstreetscoop.net347-905-5009

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here