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Tuesday, May 22, 2012

Stocks Having Recent Insider Buying: (DOV), (THFF), (CELG), (SLM), (BLDR)

Shares of Dover Corp. (DOV) fell by 0.4% or $-0.23/share to $56.95. In the past year, the shares have traded as low as $43.16 and as high as $68.97. On average, 1596860 shares of DOV exchange hands on a given day and today's volume is recorded at 655394. 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 $57.36 area where the stock may encounter resistance. The stock has insider ownership of 0.52%.

Shares of First Financial Corp. (THFF) traded higher by 0.21% or $0.06/share to $28.76. In the past year, the shares have traded as low as $25.67 and as high as $37.30. On average, 27090 shares of THFF exchange hands on a given day and today's volume is recorded at 9201. 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 $30.80 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.61%.

Shares of Celgene Corporation (CELG) traded higher by 0.68% or $0.47/share to $69.89. In the past year, the shares have traded as low as $51.70 and as high as $80.42. On average, 2989690 shares of CELG exchange hands on a given day and today's volume is recorded at 743955. 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 $75.26 represents resistance and the 200-day moving average of $67.97 would be an area of support. The stock has insider ownership of 0.12%.

Shares of SLM Corporation (SLM) traded higher by 1.58% or $0.21/share to $13.48. In the past year, the shares have traded as low as $10.73 and as high as $16.89. On average, 3830120 shares of SLM exchange hands on a given day and today's volume is recorded at 1421222. 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 $14.02 area where the stock may encounter resistance. The stock has insider ownership of 0.67%.

Shares of Builders FirstSource, Inc. (BLDR) traded higher by 2.19% or $0.08/share to $3.73. In the past year, the shares have traded as low as $1.01 and as high as $4.55. On average, 374040 shares of BLDR exchange hands on a given day and today's volume is recorded at 242537. 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 $3.96 represents resistance and the 200-day moving average of $2.48 would be an area of support. The stock has insider ownership of 15.08%.