Error
  • JLIB_APPLICATION_ERROR_COMPONENT_NOT_LOADING
  • JLIB_APPLICATION_ERROR_COMPONENT_NOT_LOADING
  • Error loading component: com_content, 1
  • Error loading component: com_content, 1
  • Error loading component: com_content, 1

New York, March 12th (TradersHuddle.com) - Shares of NCR Corporation (NYSE:NCR) are trading very close to calculated resistance at $22.12 with the price action ending the session at just $21.41 near levels that make it difficult to buy or start a position.

NCR Corporation (NYSE:NCR) manufactures financial transaction machines and other products. The Company manufactures automated teller machines (ATM), self-checkout and self-service kiosks, point-of-sale workstations and scanners; manufactures printer consumable products; and manages networks and servers for ATMs and kiosks.

NCR's stock range is defined by its calculated support defined at $20.30 and by the resistance level at $22.12, the stock is clearly over-extended from support, making it difficult to establish fresh longs.

Traders don't have a clear entry point for NCR, as the stock is well above support, however, as the stock pulls back towards $20.30 it will definitely provide a reference point to establish a trade. On the other hand if the stock decides to break above resistance level at $22.12 then traders will get an opportunity to enter the stock it moves to a higher range.



TradersHuddle Search

Stock Search:


Site Search:

Loading

Technical Scans

Recent Trading Ideas

Latest Partner Headlines

Stock Market

Loading
Chart
o Dow Jones 17,683.58 ▼46.53 (-0.26%)
o S&P 500 2,068.76 ▼8.02 (-0.39%)
o NASDAQ 4,991.94 ▼17.27 (-0.34%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,683.58 Trade time:4:36PM EDT Value change:▼46.53 (-0.26%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,068.76 Trade time:4:36PM EDT Value change:▼8.02 (-0.39%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:4,991.94 Trade time:5:15PM EDT Value change:▼17.27 (-0.34%)

In The Wires

Copyright © 2013 TradersHuddle.com. All Rights Reserved.