{"id":18025,"date":"2012-01-02T18:00:00","date_gmt":"2012-01-02T18:00:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-reaching-trendline-support-bullish-on-jan-2\/17995\/"},"modified":"2012-01-02T18:00:00","modified_gmt":"2012-01-02T18:00:00","slug":"stocks-reaching-trendline-support-bullish-on-jan-2","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-reaching-trendline-support-bullish-on-jan-2\/18025\/","title":{"rendered":"Stocks Reaching Trendline Support (Bullish) on Jan-2"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><!--\/mfunc--><\/p>\n<p>These stocks are at their <b>trendline support<\/b>.  This is a bullish signal that means the stock should have support to hold its price at these levels and possibly bounce higher.<\/p>\n<p><b>Nippon Telegraph &#038; Telephone Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=NTT\">(NYSE:NTT)<\/a>  is currently trading at $25.33 <span style=\"color:green;\">up 1.69%<\/span>  in today&#8217;s trading. NTT is trading <span style=\"color:green\">1.15%<\/span> above  its 50 day moving average and <span style=\"color:green\">5.86%<\/span> above  its 200 day moving average. NTT is <span style=\"color:red\">-3.76%<\/span> below its 52-week high and <span style=\"color:green\">19.20%<\/span> above  its 52-week low. NTT&#8217;s PE ratio is 10.38 and their market cap is $67.03B. <\/p>\n<p>Nippon Telegraph and Telephone Corporation is provider of telecommunications services, offering fixed and mobile voice related services, IP\/packet communications services, and system integration services in Japan.<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p><b>United Technologies Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=UTX\">(NYSE:UTX)<\/a>  is currently trading at $73.09 <span style=\"color:red;\">down -0.99%<\/span>  in today&#8217;s trading. UTX is trading <span style=\"color:red\">-2.97%<\/span> below its 50 day moving average and <span style=\"color:red\">-7.22%<\/span> below its 200 day moving average. UTX is <span style=\"color:red\">-19.39%<\/span> below its 52-week high and <span style=\"color:green\">10.28%<\/span> above  its 52-week low. UTX&#8217;s PE ratio is 13.71 and their market cap is $66.23B. <\/p>\n<p>United Technologies Corporation provides high technology products and services to the building systems and aerospace industries worldwide. Its segments are Otis, Carrier, UTC Fire &#038; Security, Pratt &#038; Whitney, Hamilton Sundstrand and Sikorsky.<\/p>\n<p><b>Bank of America Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=BAC\">(NYSE:BAC)<\/a>  is currently trading at $5.56 <span style=\"color:green;\">up 1.83%<\/span>  in today&#8217;s trading. BAC is trading <span style=\"color:red\">-5.38%<\/span> below its 50 day moving average and <span style=\"color:red\">-37.70%<\/span> below its 200 day moving average. BAC is <span style=\"color:red\">-63.52%<\/span> below its 52-week high and <span style=\"color:green\">13.01%<\/span> above  its 52-week low. <\/p>\n<p>Bank of America Corporation is a bank holding and a financial holding company, which through its subsidiaries, provides banking and nonbanking financial services and products throughout the United States and in selected international markets.<\/p>\n<p><b>Chunghwa Telecom Co. Ltd.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=CHT\">(NYSE:CHT)<\/a>  is currently trading at $33.28 <span style=\"color:red;\">down -0.42%<\/span>  in today&#8217;s trading. CHT is trading <span style=\"color:red\">-0.05%<\/span> below its 50 day moving average and <span style=\"color:green\">2.35%<\/span> above  its 200 day moving average. CHT is <span style=\"color:red\">-8.37%<\/span> below its 52-week high and <span style=\"color:green\">42.37%<\/span> above  its 52-week low. CHT&#8217;s PE ratio is 18.39 and their market cap is $32.17B. <\/p>\n<p>Chunghwa Telecom Company, Ltd. is a telecommunications service provider in Taiwan and Asia, whose main services include: fixed line services, cellular services and Internet and data services.<\/p>\n<p><b>ICICI Bank Ltd.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=IBN\">(NYSE:IBN)<\/a>  is currently trading at $26.43 <span style=\"color:green;\">up 0.65%<\/span>  in today&#8217;s trading. IBN is trading <span style=\"color:red\">-14.10%<\/span> below its 50 day moving average and <span style=\"color:red\">-34.74%<\/span> below its 200 day moving average. IBN is <span style=\"color:red\">-48.01%<\/span> below its 52-week high and <span style=\"color:green\">9.49%<\/span> above  its 52-week low. IBN&#8217;s PE ratio is 13.15 and their market cap is $15.23B. <\/p>\n<p>The Company offers a range of financial products and services in the areas of commercial banking, investment banking and insurance.<\/p>\n<p><b>The Charles Schwab Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=SCHW\">(NYSE:SCHW)<\/a>  is currently trading at $11.26 <span style=\"color:red;\">down -0.35%<\/span>  in today&#8217;s trading. SCHW is trading <span style=\"color:red\">-4.40%<\/span> below its 50 day moving average and <span style=\"color:red\">-21.01%<\/span> below its 200 day moving average. SCHW is <span style=\"color:red\">-42.07%<\/span> below its 52-week high and <span style=\"color:green\">7.10%<\/span> above  its 52-week low. SCHW&#8217;s PE ratio is 16.56 and their market cap is $14.30B. <\/p>\n<p>The Charles Schwab Corp is a savings and loan holding company, which through its subsidiaries is engaged in securities brokerage, banking and related financial services.<\/p>\n<p><b>V.F. Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=VFC\">(NYSE:VFC)<\/a>  is currently trading at $126.99 <span style=\"color:red;\">down -1.31%<\/span>  in today&#8217;s trading. VFC is trading <span style=\"color:red\">-4.62%<\/span> below its 50 day moving average and <span style=\"color:green\">11.46%<\/span> above  its 200 day moving average. VFC is <span style=\"color:red\">-10.42%<\/span> below its 52-week high and <span style=\"color:green\">61.81%<\/span> above  its 52-week low. VFC&#8217;s PE ratio is 20.55 and their market cap is $14.01B. <\/p>\n<p>VF Corporation is an apparel company, which designs and manufactures or sources from independent contractors a variety of apparel and footwear for all ages.<\/p>\n<p><b>Gerdau S.A.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=GGB\">(NYSE:GGB)<\/a>  is currently trading at $7.81 <span style=\"color:green;\">up 0.77%<\/span>  in today&#8217;s trading. GGB is trading <span style=\"color:red\">-3.10%<\/span> below its 50 day moving average and <span style=\"color:red\">-16.90%<\/span> below its 200 day moving average. GGB is <span style=\"color:red\">-48.31%<\/span> below its 52-week high and <span style=\"color:green\">18.33%<\/span> above  its 52-week low. GGB&#8217;s PE ratio is 12.02 and their market cap is $13.43B. <\/p>\n<p>Gerdau S.A. is engaged in the production of crude steel and related long rolled products, drawn products and long specialty products.<\/p>\n<p><b>Liberty Interactive Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=LINTA\">(NASDAQ:LINTA)<\/a>  is currently trading at $16.22 <span style=\"color:red;\">down -0.22%<\/span>  in today&#8217;s trading. LINTA is trading <span style=\"color:green\">2.23%<\/span> above  its 50 day moving average and <span style=\"color:green\">0.35%<\/span> above  its 200 day moving average. LINTA is <span style=\"color:red\">-13.06%<\/span> below its 52-week high and <span style=\"color:green\">30.35%<\/span> above  its 52-week low. LINTA&#8217;s PE ratio is 15.15 and their market cap is $9.57B. <\/p>\n<p>A holding company through its ownership of interests in subsidiaries and other companies is engaged in the video and on-line commerce, media, communications and entertainment industries.<\/p>\n<p><b>SunTrust Banks Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=STI\">(NYSE:STI)<\/a>  is currently trading at $17.70 <span style=\"color:red;\">down -0.11%<\/span>  in today&#8217;s trading. STI is trading <span style=\"color:red\">-2.36%<\/span> below its 50 day moving average and <span style=\"color:red\">-21.32%<\/span> below its 200 day moving average. STI is <span style=\"color:red\">-46.26%<\/span> below its 52-week high and <span style=\"color:green\">12.10%<\/span> above  its 52-week low. STI&#8217;s PE ratio is 17.35 and their market cap is $9.50B. <\/p>\n<p>SunTrust Banks, Inc. a diversified financial services holding company whose businesses provide a broad range of financial services to consumer and corporate clients.<\/p>\n<p><b>Portugal Telecom SGPS SA<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=PT\">(NYSE:PT)<\/a>  is currently trading at $5.77 <span style=\"color:green;\">up 2.49%<\/span>  in today&#8217;s trading. PT is trading <span style=\"color:red\">-6.81%<\/span> below its 50 day moving average and <span style=\"color:red\">-28.84%<\/span> below its 200 day moving average. PT is <span style=\"color:red\">-45.74%<\/span> below its 52-week high and <span style=\"color:green\">5.09%<\/span> above  its 52-week low. PT&#8217;s PE ratio is 10.69 and their market cap is $5.17B. <\/p>\n<p>Portugal Telecom SA,through its subsidiaries provides telecommunications services mainly in Portugal, Brazil and certain countries in Africa, including: wireline services, which include fixed line telephone services for residential &#038; nonresidential custom<\/p>\n<p><b>Comerica Incorporated<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=CMA\">(NYSE:CMA)<\/a>  is currently trading at $25.80 <span style=\"color:red;\">down -0.88%<\/span>  in today&#8217;s trading. CMA is trading <span style=\"color:green\">2.61%<\/span> above  its 50 day moving average and <span style=\"color:red\">-13.15%<\/span> below its 200 day moving average. CMA is <span style=\"color:red\">-39.91%<\/span> below its 52-week high and <span style=\"color:green\">20.61%<\/span> above  its 52-week low. CMA&#8217;s PE ratio is 12.06 and their market cap is $5.13B. <\/p>\n<p>Comerica Incorporated is a financial holding company that operates in three business segments: the Business Bank, the Retail Bank and Wealth &#038; Institutional Management.<\/p>\n<p><b>Lam Research Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=LRCX\">(NASDAQ:LRCX)<\/a>  is currently trading at $37.02 <span style=\"color:red;\">down -0.08%<\/span>  in today&#8217;s trading. LRCX is trading <span style=\"color:red\">-9.04%<\/span> below its 50 day moving average and <span style=\"color:red\">-14.37%<\/span> below its 200 day moving average. LRCX is <span style=\"color:red\">-37.36%<\/span> below its 52-week high and <span style=\"color:green\">6.35%<\/span> above  its 52-week low. LRCX&#8217;s PE ratio is 7.68 and their market cap is $4.43B. <\/p>\n<p>Lam Research Corporation designs, manufactures &#038; markets semiconductor processing equipment used in the fabrication of integrated circuits and are recognized as a major provider of such equipment to the worldwide semiconductor industry.<\/p>\n<p><b>Cablevision Systems Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=CVC\">(NYSE:CVC)<\/a>  is currently trading at $14.22 <span style=\"color:red;\">down -0.56%<\/span>  in today&#8217;s trading. CVC is trading <span style=\"color:red\">-4.73%<\/span> below its 50 day moving average and <span style=\"color:red\">-28.91%<\/span> below its 200 day moving average. CVC is <span style=\"color:red\">-47.54%<\/span> below its 52-week high and <span style=\"color:green\">22.90%<\/span> above  its 52-week low. CVC&#8217;s PE ratio is 14.22 and their market cap is $3.97B. <\/p>\n<p>Cablevision Systems Corporation through its subsidiary, CSC Holdings is a cable operator in the United States based on the number of basic video subscribers.<\/p>\n<p><b>AU Optronics Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=AUO\">(NYSE:AUO)<\/a>  is currently trading at $4.32 <span style=\"color:red;\">down -1.82%<\/span>  in today&#8217;s trading. AUO is trading <span style=\"color:red\">-3.34%<\/span> below its 50 day moving average and <span style=\"color:red\">-26.44%<\/span> below its 200 day moving average. AUO is <span style=\"color:red\">-58.13%<\/span> below its 52-week high and <span style=\"color:green\">15.20%<\/span> above  its 52-week low. <\/p>\n<p>AU Optronics Corp. designs, develops, manufactures, assembles and markets flat panel displays and all of its products are TFT-LCD panels.<\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/snh-hott-wsci-alg-phx-dividend-stocks-update\/18207\"><br \/>\nSNH, HOTT, WSCI, ALG, PHX Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/lor-lgi-se-dividend-stocks-update\/18205\"><br \/>\nLOR, LGI, SE Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/cog-wnr-dividend-stocks-update\/18203\"><br \/>\nCOG, WNR Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/agc-jls-jmt-gof-jro-dividend-stocks-update\/18201\"><br \/>\nAGC, JLS, JMT, GOF, JRO Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/trending-stocks\/bac-f-mu-aa-cx-are-stocks-trending-up\/18199\"><br \/>\nBAC, F, MU, AA, CX are Stocks Trending Up<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/52-week-highs\/mrk-kog-hd-cvs-ftk-hit-new-52-week-highs\/18197\"><br \/>\nMRK, KOG, HD, CVS, FTK Hit New 52-Week Highs<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/volume-spikes\/acas-tivo-ftk-imax-invn-had-unusual-volume\/18195\"><br \/>\nACAS, TIVO, FTK, IMAX, INVN Had Unusual Volume<\/a><\/li>\n<\/ul>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/3.jpg\" alt=\"Alex Fredricks\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Alex Fredricks <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Alex Fredricks has a degree in business and is an avid day-trader.  Alex&#8217;s experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>These stocks are at their trendline support. This is a bullish signal that means the stock should have support to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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