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MidnightTrader's Opening Bell Momentum Stocks

Boston, Nov 03, 2009 (MidnightTrader via COMTEX) --

UPSIDE MOVERS

Cognizant Technology (CTSH): Stock recorded some of its strongest upside liquidity in the first-half and at the mid-point of pre-market trade, between 40 and 40.60, levels longs may want to watch for potential entry points if the stock should drop from current levels near its session highs of 40.92 to 41.48.

MasterCard (MA): Stock is down from its first-half pre-market high of 232.01, maintaining a positive range of 223 to 225.50. Buyers have looked most confident this morning off the 221 mark up to 223, an area that could have legs as a potential floor support for possible moves into the mid-220s.

DOWNSIDE MOVERS

Intel Corp. (INTC): Stock has held to a tight negative range of 18.70 to 18.60 through the pre-market, recording a brief low of 18.53. Shorts may want to eye to the 18.70 level as a potential near-term ceiling, an area that withstood several upside tests through this morning's trade. We would caution that buyers are sending in more aggressive upside liquidity in the low 18.60s late in today's pre-market so there may be a more vigorous test of the 18.70 level out of the opening bell.

GET MIDNIGHTTRADER IN REALTIME: This report is delayed. The full MidnightTrader extended-hours trading analysis and news service is available in real-time through COMTEX. For more information and to signup for a FREE TRIAL visit http://www.MidnightTrader.com/free_trial.php .

ABOUT MIDNIGHTTRADER: MidnightTrader is the premier source of extended-hours US equity trading analysis, news and forecasting for the retail and institutional investment community. MidnightTrader's extended-hours analytical trading service empowers both retail and institutional equity traders by providing the information necessary to make the most informed and opportunistic investment decisions.



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