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LONDON, March 18, 2013 /PRNewswire/ --
The Dow Jones ended Friday's session at 14,514.11, down 0.17 percent while NASDAQ was down 0.30 percent to close at 3,249.07. Similarly, S&P also ended at a negative note at 1,560.70, up 0.16 percent. Despite the pullback, the indices are still at an all time high and the markets are likely to remain bullish. In the coming week, the market movement is expected to depend on the Fed's decision to continue the stimulus efforts. Our research team took a look at Services sector, more specifically the Air Delivery & Freight Services industry which include major companies like United Parcel Service Inc. (NYSE: UPS), C.H. Robinson Worldwide Inc. (NASDAQ: CHRW), Expeditors International of Washington (NASDAQ:EXPD) and FedEx Corporation (NYSE: FDX). StockCall initiated free in-depth technical analysis on UPS, CHRW, EXPD, and FDX which are currently available upon sign up at
United Parcel Service Inc. is currently in a bullish mode despite the stock ending its previous trading session at $85.47, down 0.19 percent. The stock traded in the range of $84.98 and $85.66 during Friday's session. Its first support level is at $84.79 and upon breaching this level the stock may go down to $83.13 level. On the upside, the company's stock may touch $86.88 level. The stock has traded in the range of $69.56 and $58.70 in the past 52 weeks and it grew by 9 percent during the same time period. On a Year-to-Date basis, the stock is up 17.36 percent. Sign up for the free technical analysis on UPS at
C.H. Robinson Worldwide Inc. shares were bullish for Friday's trading session, ending the day 0.24 percent higher at $59.34. The stock fell to an intra-day low of $58.43, while its intra-day high stood at $59.40. Despite the upward move, C.H. Robinson has declined more than 4 percent this year, compared to a gain of 11.84 percent for the S&P 500. The company shares have strong support at around $58.28. The stock is trading above than its 20-day SMA of $57.59, thus confirming a bullish trend. Download the free report on CHRW by registering at
Expeditors International of Washington traded in the range of $38.20 and $38.50 in Friday's session and ended the day at $38.44, up 0.18 percent. The stock's 52 weeks range stands at $34.20 and $47.48. The company has lost 16.09 percent of its value in the past 12 months, while it declined 1.51 percent in 2013. The stock is in a neutral mode and may find its first support level at $37.98. It is trading below its 20-day moving average of $39.41. The free report on EXPD can be downloaded by signing up now at
Shares of FedEx Corporation ended its previous session marginally higher at $109.07, up 0.21 percent. The stock gained more than 20 percent this year, outperforming the broad market. The stock has slipped from $109.12 resistance level. It has support at around $10.7.20 at the moment. With its upward move, FedEx is trading above its 6-day and 20-day moving averages, showing a bullish trend. The stock oscillated in the range of $83.80 and $109.66 in the past 52 weeks. It gained 156.61 percent during the same time period. Free report on FDX can be accessed by registering at
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