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Friday, September 16, 2011

Highly Traded Stocks: (FAS), (PFE), (SIRI), (C), (F)

The following stocks were detected to be trading among the most active on September 16: Direxion Daily Financial Bull 3X Shares, Pfizer Inc, SIRIUS XM Radio Inc, Citigroup, Inc, and Ford Motor Co. These stocks are highly traded usually because new relevant information on the company has become available. Being on the highly active list isn't always positive as high activity may be a result of negative news. Regardless, high activity means high liquidity. High volume, combined with price movement is what traders require to make profits.

Shares of Direxion Daily Financial Bull 3X Shares (FAS) fell by 3.31% or $-0.46/share to $13.54. In the past year, the shares have traded as low as $8.72 and as high as $34.30. On average, 43096080 shares of FAS exchange hands on a given day and today's volume is recorded at 23429438. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $17.91 area but be careful because the stock may face selling pressure at this level.

Shares of Pfizer Inc. (PFE) fell by 0.78% or $-0.14/share to $18.34. In the past year, the shares have traded as low as $15.75 and as high as $21.21. On average, 52036080 shares of PFE exchange hands on a given day and today's volume is recorded at 22802088. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $18.66 area but be careful because the stock may face selling pressure at this level.

Shares of SIRIUS XM Radio Inc. (SIRI) traded higher by 0.27% or $0.00/share to $1.85. In the past year, the shares have traded as low as $1.09 and as high as $2.45. On average, 84956520 shares of SIRI exchange hands on a given day and today's volume is recorded at 21376582. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $1.85 area where the stock may encounter resistance.

Shares of Citigroup, Inc. (C) fell by 1.19% or $-0.34/share to $28.25. In the past year, the shares have traded as low as $25.40 and as high as $51.47. On average, 46637370 shares of C exchange hands on a given day and today's volume is recorded at 21136822. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $33.19 area but be careful because the stock may face selling pressure at this level.

Shares of Ford Motor Co. (F) fell by 1.69% or $-0.18/share to $10.45. In the past year, the shares have traded as low as $9.81 and as high as $18.97. On average, 70730810 shares of F exchange hands on a given day and today's volume is recorded at 19077968. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $11.51 area but be careful because the stock may face selling pressure at this level.