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Clean Energy Fuels(CLNE - Get Report), together with its wholly owned subsidiaries, is engaged in the business of selling natural gas fueling solutions to its customers, primarily in the U.S. and Canada. This stock is trading up 5.8% at $13.83 in recent trading.
Today's Volume: 1.85 million
Average Volume: 874,976
Volume % Change: 189%
From a technical standpoint, CLNE is getting very close to triggering a major breakout today above some overhead resistance levels at $13.65 and $13.99 on monster volume. At last check, CLNE hit a high of $14.10 which is just 37 cents below its next big overhead resistance level at $14.47.
Market players should be watching this stock like a hawk for a sustained high-volume move and close over $14.47. If we get that action soon, then this stock has the potential for a big spike higher towards $16 to $18 in the near future.
Clean Energy Fuels is
rated D+ sell by TheStreet Ratings.
To see more stocks rising on unusual volume, including
Urban Outfitters(URBN) and
Zilow(Z), check out the
Stocks Rising On Unusual Volume portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.