LONDON, April 12, 2013 /PRNewswire/ --
Although the Dow Jones and the S&P 500 rose to a record high level on Thursday, the Basic Materials sector struggled. The sector closed 0.08% lower even as the broad market edged higher. This sector has been struggling thus far in 2013. Among the major movers in the Basic Materials sector on Thursday we are now following companies like LyondellBasell Industries N.V. (NYSE: LYB), Pacific Ethanol Inc. (NASDAQ: PEIX), Axiall Corp. (NYSE: AXLL), Gasco Energy Inc. (AMEX: GSX), and Enbridge Energy Partners L.P. (NYSE: EEP). StockCall has issued technical analysis and charting reports on LYB, PEIX, AXLL, GSX, and EEP. Download these free reports now at
http://www.stockcall.com/todaysopinions
LyondellBasell Industries N.V.'s shares edged higher on Thursday, tracking gains in the broad market. The stock closed 1% higher at $61.38 on volume of 3.18 million. The company's shares have gained nearly 4.40% in the last three trading sessions. Shares of LYB touched an intra-day high of $62.13 yesterday. The stock has seen a series of highs in the last few sessions, which is a bullish signal. LyondellBasell's shares currently face resistance at around $64. Download the free research on LYB today by registering at
http://www.StockCall.com/LYB041213.pdf
Shares of Pacific Ethanol Inc. fell sharply on Thursday. The stock fell to an intra-day low of $0.31 before finishing the day 3.11% lower at $0.318 on volume of 954,477. The specialty chemicals company's shares have struggled in the last one month, falling more than 24%. The stock is currently trading well below its 50-day and 200-day moving averages. Its MACD is also trading below the signal line and the zero-line, which is a bearish signal. Sign up and have access to our free report on PEIX at
http://www.StockCall.com/PEIX041213.pdf
Shares of Axiall Corp. rose sharply in yesterday's trading session. The stock ended the day 2.72% higher at $58.25 on above average volume of 1.24 million, taking its gains in the last three sessions to 4.75%. Axiall's shares moved above their 50-day moving average on Thursday, which is a bullish signal. The stock has had an excellent run so far in 2013, gaining more than 41%. Despite the significant gains this year, the synthetics company's shares are currently trading 10% below their 52-week high. Sign up and read the complimentary report on AXLL at
http://www.StockCall.com/AXLL041213.pdf
Gasco Energy Inc. shares fell sharply in trading on Thursday. The stock closed 2.44% lower at $0.0400 on volume of 421,115. Gasco's shares are currently trading at a 52-week low. The stock has met with some hurdles so far in 2013, falling nearly 43%. Shares of GSX have seen a series of lows since the start of the year, which is a bearish signal. The stock is also trading well below its 50-day and 200-day moving averages, which further confirms the negative trend. The free report on GSX can be downloaded by signing up now at
http://www.StockCall.com/GSX041213.pdf
Enbridge Energy Partners L.P.'s shares edged lower on Thursday. The stock closed 0.50% lower at $29.86 on volume of 778,182. Enbridge Energy's shares traded between $29.75 and $30.08. The stock is currently trading close to its 52-week high of $31.12. Year-to-date, the company's shares have gained more than 9%, compared to a gain of more than 11.70% for the S&P 500. Free report on EEP can be accessed by registering at
http://www.StockCall.com/EEP041213.pdf
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