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Avino Silver & Gold Mines(ASM - Get Report) is a natural resource company, primarily engaged in the acquisition, exploration and development of natural resource properties. This stock is trading up 17.2% at $2.18 in recent trading.
Today's Range: $1.98-$2.25
52-week Range: $1.30-$3.60
Three-Month Average Volume: 24,732
From a technical perspective, ASM has broken out above some past overhead resistance today at $2.04, and above its 200-day moving average of $2.16 on above average volume. This move now puts ASM within range of
breaking out again above its next significant overhead resistance level at $2.30.
Traders should now watch for a sustained
high-volume move and close above $2.30 to signal that ASM wants to trend much higher. Look for volume that's well above 24,732 shares. If we get that action soon, then target a run back toward its next significant overhead resistance levels at $2.60 to $3 in the near future.