China GengSheng Minerals
China GengSheng Minerals (CHGS) develops, manufactures and markets a range of industrial material products, including monolithic refractories, industrial ceramics, fracture proppants and fine precision abrasives. This stock is trading up 4.8% at $1.09 in recent trading.
Today's Range: $1.05-$1.1552-Week Range: $0.63-$4.25 Volume: 420,000 Three-Month Average Volume: 125,118 From a technical standpoint, CHGS is trading very close to triggering a major breakout here if the stock can manage to move above $1.19. At last check, the stock hit a daily high today of $1.15, and the volume is well above its average action. >>5 Stocks Setting Up to Break Out Market players should now look to play the breakout if CHGS clears $1.19 soon. A high-volume move above that level should set this stock up for a run towards its 200-day moving average of $1.45, or possibly much higher.