user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 454295 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Monster Worldwide (MWW) Breaks Through Resistance at $5.01

Published on Wed, 03/06/2013 - 13:39
By Adrienne Chilton

Shares of Monster Worldwide (NYSE:MWW) opened today above their pivot of $4.98 and have already reached the first level of resistance at $5.01. Analysts will be watching for a cross of the next upside pivot targets of $5.05 and $5.12.

Over the past year, Monster Worldwide has traded in a range of $4.94 to $10.40 and is now at $5.04, 2% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1.1%.

Monster Worldwide, Inc., through its subsidiaries, offers help wanted advertisements over the Internet. The Company charges employers and human resource professionals to post and search advertisements, and allows job seekers to search job postings and post their resumes free of charge. Monster also operates websites that connect companies to highly targeted audiences.

Monster Worldwide (NYSE:MWW) has potential upside of 48.7% based on a current price of $5.04 and analysts' consensus price target of $7.50. The stock should find initial resistance at its 50-day moving average (MA) of $5.61 and further resistance at its 200-day MA of $6.84.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Verint Systems (NASDAQ:VRNT) traded at a new 52-week high today of $57.08. So far toda ...

Ternium: New 52-Week Low Set Today (TX)...

Ternium (NYSE:TX) traded today at a new 52-week low of $23.64. So far today approximat ...

TTM Technologies: New 52-Week Low Set To...

Shares of TTM Technologies (NASDAQ:TTMI) traded today at $6.71, breaking its 52-week lo ...

Watch for Continued Gains in Shares of T...

Shares of Teekay (NYSE:TK) traded today at $67.98, breaking its 52-week high. Approxim ...

Shares of TICC Capital Fall Below Previo...

Shares of TICC Capital (NASDAQ:TICC) traded today at $8.83, breaking its 52-week low. ...

Shares of Syngenta Fall Below Previous 5...

Syngenta (NYSE:SYT) traded at a new 52-week low today of $63.26. So far today approxim ...

Sohu.com: The Losing Streak Continues (S...

Shares of Sohu.com (NASDAQ:SOHU) traded today at $50.75, breaking its 52-week low. So ...

Synchronoss Technologies: The Winning St...

Synchronoss Technologies (NASDAQ:SNCR) traded today at a new 52-week high of $46.74. T ...