Facebook And Amazon Lead 5 Top Tech Stocks On The Move By Scalper1 | February 12, 2016 0 Comment Scalper1 News alt : http://feedproxy.google.com/~r/InternetTechnologyRss/~5/sKA8uzrRmxU/Tech_021216_SOTM_FB_AMZN_CRAY_NTES_ATVI_sd.mp4http://feedproxy.google.com/~r/InternetTechnologyRss/~5/sKA8uzrRmxU/Tech_021216_SOTM_FB_AMZN_CRAY_NTES_ATVI_sd.mp4 Loading the player… Let’s take a look at five standout tech stocks on IBD’s Stocks on the Move screen, which are trading in big volume: Facebook ( FB ), Amazon ( AMZN ), NetEase ( NTES ), Activision Blizzard ( ATVI ) and Cray ( CRAY ). Internet Giants On The Rise Facebook is on the IBD 50 list with a highest-possible IBD Composite Rating of 99. That means its shares outperform 99% of all stocks in the market as measured by fundamental and technical factors, including earnings and sales growth, profit margins, return on equity and relative share-price performance. The stock has tried to retake the 50-day line this week, but has yet to close above that level. It’s attempted to retake the line again today, but gains faded to just 0.1% near midday. Facebook is trading about 12% below its all-time high reached on Feb. 2. Amazon has a 71 Composite Rating. The stock has suffered since the e-commerce company missed quarterly earnings estimates late last month. Shares breached the 200-day line in the days following the report and continued lower. But Amazon is now on track for its third up-day in a row, climbing 1.6% Friday. Top Gaming Stocks Move In Different Directions NetEase earns a 99 Composite Rating. When the Chinese gaming company reports quarterly results on Feb. 24, analysts expect the bottom line to grow 30%. Shares jumped in quick turnover, retaking the 200-day line in intraday trade. But the stock pared its gains to just a 1% rise and fell back below that level. NetEase is trading 24% off of its high reached in late December. Activision has a 93 Composite Rating. The video game publisher missed quarterly earnings and sales estimates late Thursday and gave conservative guidance. Shares dropped below the 200-day line last week and got close to retaking that level in Thursday’s session. Today the stock plunged 9.5% in huge volume, hitting a five and a half month low in intraday trade. Activision is now trading 30% below its late December peak. Supercomputer Maker Stages Downside Reversal And Cray beat quarterly estimates late Thursday, but its guidance was light. The supercomputer maker staged a big downside reversal and fell back below its 50-day line, dropping almost 3%. It’s trading about 17% below its recent high. Cray has a Composite Rating of 95. Image provided by Shutterstock . Scalper1 News Scalper1 News Related posts: Why Facebook, Google, Amazon Are Best Positioned For Mobile What Facebook’s Oculus, Google See In Virtual Reality’s Future This FANG Stock Just Tripped A Very Bearish Signal Move Over Amazon, Alphabet: Facebook Hits High