Last updated on April 16, 2014 at 1:21 EDT

Verizon, Equinix, MetroPCS Communications, Leap Wireless, and Telefonica Brasil Under StockCall’s Microscope

February 28, 2013

LONDON, February 28, 2013 /PRNewswire/ –

Technology sector is seeing intense activities as the major stocks made significant
moves in either direction. However, the broader market indices remained in the green as
The Dow Jones closed 1.26% higher at 14,075.37, the S&P 500 closed 1.27% higher at
1,515.99, and the NASDAQ closed 1.04% higher at 3,162.26. Our research team took a look at
telecommunication stocks including major companies like Verizon Communications Inc. (NYSE:
VZ), Equinix Inc. (NASDAQ: EQIX), MetroPCS Communications Inc. (NYSE: PCS), Leap Wireless
International Inc.(NASDAQ: LEAP), and Telefonica Brasil SA (NYSE: VIV). StockCall has
released full comprehensive research on VZ, EQIX, PCS, LEAP and VIV, and these free
technical analyses can be downloaded by signing up at


Despite a mild upward movement in its previous trading session, Verizon Communications
is still 7.12 percent higher for the year. It has gained 21.53 percent in the past 52
weeks. The stock closed 0.50 percent up at $46.35 on volume of 14.81 million shares. The
company’s shares currently face resistance at around $47.26. The stock has support at
around $45.97. It is currently trading above its 20-day and 50-day moving averages, which
is a bullish signal. Free report on VZ can be accessed by registering at


Equinix traded in the range of $212.26 and $214.71 during its previous trading
session. It opened at $213.26 and closed at $212.67, down 0.20 percent. The stock is
currently in a neutral mode and has its first resistance level at $214.06. Upon breaching
this level, Equinix may go as high as $217.78. It traded 717,000 shares. The stock is
trading below its 20-day moving average price and shows a neutral trend. In 2013, the
stock is up 3.14 percent so far and its 52 weeks gain stands at 53 percent. Register with
StockCall and download the research on EQIX for free at


MetroPCS ended its previous trading session higher at $9.89, up 2.38 percent. The
stock lost 0.5 percent this year, in contrast to the broad market. It has support at
around $9.66 at the moment. Despite its upward movement, MetroPCS is still trading below
its 20-day moving average price. The stock traded 4.85 million shares. Free technical
analysis on PCS available by signing up at http://www.StockCall.com/PCS022813.pdf

Leap Wireless stock is in a neutral mode and is trading below its 20-day EMA of $5.58.
It ended its latest trading session 2.28 percent lower at $5.56 and it oscillated in the
range of $5.55 and $5.68 during the session. The stock trades at beta of 1.36. Leap
Wireless is expected to face its first resistance level at $5.75. Register today and
access the free research on LEAP at http://www.StockCall.com/LEAP022813.pdf

Telefonica Brasil’s stock closed at $26.59, 2.35 percent up. The stock traded in the
range of $26.08 and $26.62 during the session and is currently above its 20-day moving
average price of $26.54. Telefonica gained 10.52 percent so far this year. Its
Price/Earnings ratio is 20.14. Telefonica Brasil’s stock is in a bullish phase and its
first resistance level is at $27.34. On the downside, its first support is at $26.08. Upon
breaching this level, its second support level is at $25.74. The free report on VIV can be
downloaded by signing up now at http://www.StockCall.com/VIV022813.pdf

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SOURCE StockCall.com

Source: PR Newswire