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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. The stock is trading up 3.5% at $15.49 in recent trading.
Today's Volume: 2.4 million
Average Volume: 1 million
Volume % Change: 283%
Shares of CLNE are jumping to the upside today after the company said it signed a strategic joint marketing and fueling agreement with
Navistar International (NAV).
technical standpoint, CLNE has started to trigger a breakout trade today now that the stock has cleared some near-term overhead resistance at $15.40 with monster volume.
Market players should continue to look for long-biased trades in CLNE as long as the stock can continue to trend above $14.47 and $15.40. Some potential targets if those breakout levels hold are $16.50 to $17.50 in the very near future.