FormFactor (FORM - Get Report)
This company designs, develops, manufactures, sells and supports precision, semiconductor wafer probe card products and solutions. This stock is trading up 6.8% at $5.46 in recent trading.
Friday's Range: $5.12 to $5.4852-week Range: $4.68 to $11.05 Volume: 580,000 Three-Month Average Volume: 536,605 From a technical standpoint, FORM has started to break out above some near-term overhead resistance at $5.32 on solid volume. Traders should now watch for FORM to sustain a high-volume move or close above its 50-day moving average of $5.45 to trigger that this stock wants to continue its uptrend. Look for volume that's near or above 536,605 shares. If we see that move, then FORM has a good chance to retest $6 to $6.50 in the near future.
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