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Tuesday, September 13, 2011

New 52 Week Lows: (RPXC), (VHS), (CCH), (GA), (LPR)

Stocks falling to new 52 week lows on September 13 are RPX Corporation, Vanguard Health Systems, Inc. C, Coca-Cola Hellenic Bottling Company S.A, Giant Interactive Group, Inc, and Lone Pine Resources Inc. Common. Investors are selling the stock and pushing it lower because they may think that these stocks were overvalued. This could be caused by earnings not meeting expectations, investor speculation, or a fall in market growth.

Shares of RPX Corporation (RPXC) fell by 5.76% or $-1.23/share to $20.13. In the past year, the shares have traded as low as $20.49 and as high as $31.41. On average, 155590 shares of RPXC exchange hands on a given day and today's volume is recorded at 126112. 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 $25.74 area but be careful because the stock may face selling pressure at this level.

Shares of Vanguard Health Systems, Inc. C (VHS) fell by 2.07% or $-0.23/share to $10.87. In the past year, the shares have traded as low as $10.96 and as high as $18.58. On average, 530540 shares of VHS exchange hands on a given day and today's volume is recorded at 79453. 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 $15.13 area but be careful because the stock may face selling pressure at this level.

Shares of Coca-Cola Hellenic Bottling Company S.A. (CCH) fell by 3.51% or $-0.65/share to $17.89. In the past year, the shares have traded as low as $18.03 and as high as $30.50. On average, 12040 shares of CCH exchange hands on a given day and today's volume is recorded at 11225. 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 $23.63 area but be careful because the stock may face selling pressure at this level.

Shares of Giant Interactive Group, Inc. (GA) fell by 1.3% or $-0.06/share to $4.55. In the past year, the shares have traded as low as $4.60 and as high as $9.45. On average, 1146140 shares of GA exchange hands on a given day and today's volume is recorded at 912893. 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 $7.54 area where the stock may encounter resistance.

Shares of Lone Pine Resources Inc. Common (LPR) fell by 1.64% or $-0.14/share to $8.41. In the past year, the shares have traded as low as $8.40 and as high as $13.09. On average, 153490 shares of LPR exchange hands on a given day and today's volume is recorded at 56214. 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 $10.34 area but be careful because the stock may face selling pressure at this level.