Endeavour International (END) is an independent oil and gas company engaged in the exploration, development and acquisition of energy reserves in the U.S. and U.K. This stock is trading up 13% at $8.96 in recent trading.
Today's Range: $8.49-$9.3452-Week Range: $5.80-$16.43 Volume: 1,435,000 Three-Month Average Volume: 438,857 Shares of END are ripping higher today after Rodman & Renshaw raised its recommendation to outperform from market perform with a $12.50 price target following its U.K. North Sea acquisition. From a technical standpoint, END triggered a big breakout today once the stock cleared some past overhead resistance at $7.37 to $7.91 on monster volume. Market players should now watch for the next breakout trade to trigger once END takes out $10.23 to $10.68 (its 200-day moving average) with volume. Look for volume on a move and close above those levels that's near or above 438,857 shares.