5 Stocks Under $5 Making Big Moves
Pacific Ethanol
Pacific Ethanol (PEIX) is a marketer and producer of low-carbon renewable fuels in the Western United States. This stock is trading up 21% at $1.32 in recent trading.
Today's Range: $1.15-$1.34
52-Week Range: $0.25-$5.74 Volume: 17.2 million Three-Month Average Volume: 5.8 million From a technical perspective, PEIX is quickly approaching a big breakout trade if this stock can manage to move above some near-term overhead resistance at $1.34 with high-volume. At last check, PEIX has hit a daily high of $1.34 and the volume is off the charts strong. Traders should continue to look for long-biased trades if we get a move and close over $1.34 in the near future. If that breakout is triggered, then look for PEIX to make a run at its next significant overhead resistance levels of $1.61 to $1.85 in the near future. Follow @stockpickrSelect the service that is right for you!
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