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Monday, December 5, 2011

Recent Insider Selling Detected: (AMZN), (AGP), (SMCI), (HPQ), (XEL)

Shares of Amazon.com Inc. (AMZN) traded higher by 1.11% or $2.18/share to $198.21. In the past year, the shares have traded as low as $160.58 and as high as $246.71. On average, 7057660 shares of AMZN exchange hands on a given day and today's volume is recorded at 2494578. 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 $200.37 area where the stock may encounter resistance. The stock has insider ownership of 19.48%.

Shares of AMERIGROUP Corporation (AGP) traded higher by 2.2% or $1.25/share to $58.18. In the past year, the shares have traded as low as $37.57 and as high as $75.74. On average, 1303400 shares of AGP exchange hands on a given day and today's volume is recorded at 85558. 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 $57.62 area. The stock has insider ownership of 1.54%.

Shares of Super Micro Computer, Inc. (SMCI) traded higher by 3.57% or $0.49/share to $14.2. In the past year, the shares have traded as low as $10.76 and as high as $19.30. On average, 158340 shares of SMCI exchange hands on a given day and today's volume is recorded at 28966. 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 $14.48 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 20.3%.

Shares of Hewlett-Packard Company (HPQ) traded higher by 1.95% or $0.54/share to $28.22. In the past year, the shares have traded as low as $21.50 and as high as $48.87. On average, 25032490 shares of HPQ exchange hands on a given day and today's volume is recorded at 4346466. 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 $33.19 represents resistance and the 50-day moving average of $25.85 would be an area of support. The stock has insider ownership of 0.02%.

Shares of Xcel Energy Inc. (XEL) traded higher by 0.97% or $0.25/share to $26.09. In the past year, the shares have traded as low as $20.98 and as high as $26.40. On average, 2988460 shares of XEL exchange hands on a given day and today's volume is recorded at 468976. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $25.36 area where the stock will likely see buying pressure. The stock has insider ownership of 0.06%.