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Thursday, October 6, 2011

Insiders Sell For Many Reasons - Is Bearishness One Of Them?: (TCO), (NSR), (AAPL), (GILD), (EQIX)

Shares of Taubman Centers Inc. (TCO) traded higher by 1.54% or $0.79/share to $52.14. In the past year, the shares have traded as low as $42.30 and as high as $62.14. On average, 779820 shares of TCO exchange hands on a given day and today's volume is recorded at 68065. 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 $54.44 area where the stock may encounter resistance. The stock has insider ownership of 0.39%.

Shares of NeuStar, Inc. (NSR) traded higher by 0.34% or $0.09/share to $26.73. In the past year, the shares have traded as low as $22.24 and as high as $27.96. On average, 469820 shares of NSR exchange hands on a given day and today's volume is recorded at 58372. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $25.83 area. The stock has insider ownership of 0.19%.

Shares of Apple Inc. (AAPL) traded higher by 1.16% or $4.39/share to $382.65. In the past year, the shares have traded as low as $285.26 and as high as $422.86. On average, 22307830 shares of AAPL exchange hands on a given day and today's volume is recorded at 11941755. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $384.15 represents resistance and the 200-day moving average of $353.88 would be an area of support. The stock has insider ownership of 0.02%.

Shares of Gilead Sciences Inc. (GILD) traded higher by 0.05% or $0.02/share to $39.17. In the past year, the shares have traded as low as $35.28 and as high as $43.49. On average, 8524800 shares of GILD exchange hands on a given day and today's volume is recorded at 1329226. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $39.77 represents resistance and the 50-day moving average of $38.99 would be an area of support. The stock has insider ownership of 0.57%.

Shares of Equinix, Inc. (EQIX) fell by 0.96% or $-0.88/share to $90.6. In the past year, the shares have traded as low as $69.42 and as high as $107.00. On average, 852880 shares of EQIX exchange hands on a given day and today's volume is recorded at 95261. 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 $91.75 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.43%.