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Tuesday, May 1, 2012

A Bullish Sign - Insider Buying: (VHI), (NS), (ZEP), (GE), (AKAM)

Shares of Valhi, Inc. (VHI) fell by 1.41% or $-0.76/share to $53.29. In the past year, the shares have traded as low as $29.45 and as high as $64.80. On average, 14410 shares of VHI exchange hands on a given day and today's volume is recorded at 3192. 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 $54.04 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.43%.

Shares of NuStar Energy L.P. (NS) traded higher by 0.31% or $0.17/share to $55.16. In the past year, the shares have traded as low as $47.21 and as high as $63.62. On average, 207720 shares of NS exchange hands on a given day and today's volume is recorded at 118298. 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 $56.25 area where the stock may encounter resistance. The stock has insider ownership of 2.66%.

Shares of Zep, Inc. (ZEP) traded higher by 3.44% or $0.49/share to $14.74. In the past year, the shares have traded as low as $11.99 and as high as $20.74. On average, 77410 shares of ZEP exchange hands on a given day and today's volume is recorded at 24659. 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 $14.79 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.48%.

Shares of General Electric Company (GE) traded higher by 1.53% or $0.30/share to $19.88. In the past year, the shares have traded as low as $13.77 and as high as $21.00. On average, 46092910 shares of GE exchange hands on a given day and today's volume is recorded at 16899418. 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 $19.43 area where the stock will likely see buying pressure. The stock has insider ownership of 0.01%.

Shares of Akamai Technologies, Inc. (AKAM) traded higher by 4.76% or $1.55/share to $34.14. In the past year, the shares have traded as low as $18.25 and as high as $39.14. On average, 3531530 shares of AKAM exchange hands on a given day and today's volume is recorded at 3911140. 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 $36.59 represents resistance and the 200-day moving average of $29.38 would be an area of support. The stock has insider ownership of 0.31%.