Should You Buy Cache Inc (CACH), Planar Systems, Inc. (PLNR), and ZaZa Energy Corporation (ZAZA)?

Posted by Lynn Eisler December 30, 2014 0 Comment 1617 views

New York, NY – GDP INSIDER  – 12/30/2014.

These article talks about Cache Inc (NASDAQ:CACH), Planar Systems, Inc. (NASDAQ:PLNR), and ZaZa Energy Corporation (NASDAQ:ZAZA). Out of the three stocks discussed one stock looks to be in downtrend whereas the other two are showing signs of moving up.

Cache Inc (NASDAQ:CACH) was one of the notable gainers in trade today. The stock rallied by close to 12% on the back of above average volumes which is considered to be a bullish sign. The stock rallied on the back of positive economic reports coming out of the US economy which shows that the growth trajectory for the economy remains intact. The stock has been in a strong uptrend over the past month, outperforming the broader markets. The relative strength index for Cache Inc (NASDAQ:CACH) has given a fresh buy signal which is being seen as a huge positive.

Is CACH Going To Continue To Lose Value Or Will Things Start To Turn Around? Find Out What’s Next For CACH With A Free Trend Analysis Report

Planar Systems, Inc. (NASDAQ:PLNR) was another notable mover in the trading session yesterday. The stock rallied by close to 7% on the back of high volumes which is seen to be a bullish sign. The stock hit a fresh 52-week high in yesterday’s trading session which is seen as a huge positive for the stock. The stock has been in a strong uptrend over the last year returning close to 221% over the last year.  The company has been rallying on the back of the strong fundamentals and a better than expected earnings reports. The company has also provided for a strong forward guidance.

Is PLNR Going To Continue To Move Higher Or Are Things About To Turn Around? See What’s In Store For PLNR With A Free Trend Report.

ZaZa Energy Corporation (NASDAQ:ZAZA) moved down by 7% in yesterday’s trading session to close at $3.08 on high volumes which is considered to be a bearish sign. The stock came under selling pressure on the back of the broad-based weakness seen in the crude prices which were down by another 2% in yesterday’s trading session. Analysts on the street believe that a falling crude price would negative affect the profit margins of a company like ZaZa Energy Corporation (NASDAQ:ZAZA) going forward.

Could ZAZA Continue To Fall Or Will We Find Support In The Near Future? See What Is In The Cards For ZAZA With A Complementary Trend Analysis.

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About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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