March 06, 2013 at 08:00 AM EST
Rite Aid, Walgreen, CVS Caremark, and GNC Holdings Under StockCall's Microscope

LONDON, March 6, 2013 /PRNewswire/ --

The markets continued their upward ascent despite the worries about a slowdown in economic growth and impending budget cuts. Service sector shared the prevailing sentiments and closed higher. The sector showed across the board bullish sentiments. The Dow Jones ended its latest session at 14,253.77, up 0.89 percent while NASDAQ was up 1.32 percent to close at 3,224.13. Similarly, S&P closed on a positive note at 1,539.79, up 0.96 percent. Our research team took a look at Services sector, selecting major companies like Rite Aid Corporation (NYSE: RAD), Walgreen Company (NYSE: WAG), CVS Caremark Corporation (NYSE: CVS) and GNC Holdings Inc. (NYSE: GNC) from the drug stores industry. StockCall has released full comprehensive research on RAD, WAG, CVS, and GNC and these free technical analyses can be downloaded by signing up at

http://www.stockcall.com/technicalanalysis

Rite Aid Corporation stock closed at $1.70, 1.19 percent higher. The stock traded in the range of $1.67 and $1.71 during yesterday's session and is currently above its 20-days moving average price of $1.69. It traded 7.07 million shares in the previous trading session. Rite Aid gained 25 percent so far this year. Its beta is 2.42. The stock is in a bullish phase and its first resistance level is at $1.72. On the downside, its first support is at $1.64. Upon breaching this level, its second support level is at 1.56. Free technical analysis on RAD available by signing up at

http://www.StockCall.com/RAD030613.pdf

Despite a sharp drop in its previous trading session, Walgreen Co. is still up 10.02 percent for the year. It gained 24.56 percent in the past 52 weeks. The stock closed 2.51 percent lower at $40.72 on volume of 12.87 million shares. Its average trading volume stands at 5.94 million shares. The company's shares currently face resistance at around $41.20. Upon breaching this level, it may go up to $41.95. The stock has support at around $40.64. It is currently trading below its 20 day moving average, which is a neutral signal. Register today and access the free research on WAG at

http://www.StockCall.com/WAG030613.pdf

CVS Caremark Corp.'s stock rose mildly in its latest trading session. The stock closed 0.83 percent higher at $52.30 with 5.36 million share volume. With the mild upward movement, the stock is still up more than 8 percent for the year. In the past 52 weeks, the stock is up 16 percent. CVS currently has support at $52.09 level. The stock's MACD chart shows a bullish trend. The company's stock may face its first resistance level at $52.63. Upon breaching this level, the stock may go as high as $53.82. The free report on CVS can be downloaded by signing up now at

http://www.StockCall.com/CVS030613.pdf

Shares of GNC Holdings Inc. edged up in Tuesday's trading session, tracking movement in the broad market. The stock closed 0.56 percent higher at $41.18 on below average volume of 1.26 million shares. GNC's shares have gained more than 23 percent this year, outperforming the broad market. It has support at $40.79. The stock is still trading above its 50-day and 200-day moving average price of $39.18 and $36.51 respectively. The stock's MACD is also trading above the signal line and the zero-line. Both of these are bullish signals. GNC Holdings Inc's first resistance level is at $42.19. Free report on GNC can be accessed by registering at

http://www.StockCall.com/GNC030613.pdf

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SOURCE StockCall.com

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