Technology Stocks Climbing Upward August 30th

Through most of the trading day on Tuesday, August 30, 2011, these stocks are helping the Technology (NYSE:XLK) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Microsoft Corporation (NASDAQ:MSFT) is among the top price gainers in the sector. Its shares are trading at $26.23, up 39 cents (+1.5%) from the previous close of $25.84. Microsoft develops, licenses and supports a range of software products and services for a variety of computing devices.

Stock Price Performance: From July 29, 2011, to August 26, 2011, the stock price had dropped $1.98 (-7.3%) from $27.23 to $25.25. The stock price saw one of its best stretches over the last year between October 4, 2010 and October 13, 2010 when shares rose for eight straight trading days, rising 6% (+$1.40). It saw one of its worst periods between April 7, 2011 and April 18, 2011 when shares fell for eight straight trading days, falling 4.3% (-$1.11).

Activision Blizzard, Inc (NASDAQ:ATVI) is among the sector price gainers, as its shares are trading at $11.77, up 16 cents (+1.3%) from the previous close of $11.61. Activision Blizzard, Inc. (Activision Blizzard) is an online, personal computer (NYSE:PC), console and handheld game publisher. It has three segments:Activision Publishing,Blizzard Entertainment, Inc. and its subsidiaries & Activision Blizzard Distribution.

Stock Price Performance: From August 23, 2011, to August 29, 2011, the stock price had risen 35 cents (3.1%) from $11.26 to $11.61. The stock price saw one of its best stretches over the last year between July 18, 2011 and July 25, 2011 when shares rose for six straight trading days, rising 4% (+47 cents). It saw one of its worst periods between June 2, 2011 and June 9, 2011 when shares fell for six straight trading days, falling 5.2% (-62 cents).

Avago Technologies Limited (NASDAQ:AVGO) is one of the top price gainers. Its stock price is $33.34, which is 49 cents (+1.5%) above the previous close of $32.85. Avago Technologies Limited is a designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $5.81 (-15%) from $38.66 to $32.85. The stock price saw one of its best stretches over the last year between September 22, 2010 and October 1, 2010 when shares rose for eight straight trading days, rising 9% (+$1.85). It saw one of its worst periods between July 6, 2011 and July 14, 2011 when shares fell for seven straight trading days, falling 10% (-$3.90).

Molex Incorporated (NASDAQ:MOLX) is among the top price gainers in the sector. Its shares are trading at $21.50, up 25 cents (+1.2%) from the previous close of $21.25. Molex Inc. manufactures electronic components, including switches, integrated products and electrical and fiber optic interconnection products and systems.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $6.14 (-23.2%) from $26.43 to $20.29. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 11.4% (+$2.75). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 25.7% (-$6.43).

Shares of MercadoLibre, Inc. (NASDAQ:MELI) are trading at $68.88, up $1.35 (+2%) from the previous close of $67.53. Mercadolibre, Inc. is an online commerce platform in Latin America, called MercadoLibre.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $24.70 (-27.6%) from $89.61 to $64.91. The stock price saw one of its best stretches over the last year between March 18, 2011 and April 5, 2011 when shares rose for 13 straight trading days, rising 31.9% (+$20.67). It saw one of its worst periods between July 28, 2011 and August 8, 2011 when shares fell for eight straight trading days, falling 26.6% (-$21.15).