Sourcefire (FIRE) provides intelligent Cybersecurity technologies to commercial enterprises and government agencies worldwide. This stock is trading up 5.6% at $49.78 in recent trading.
Today's Volume: 471,000Average Volume: 606,831 Volume % Change: 53% >>3 Tech Stocks With More Upside for 2012 From a technical perspective, FIRE has started to trigger a big breakout trade today now that this stock is moving above some near-term overhead resistance at $48.37 with decent volume. Traders should continue to look for long-biased trades in FIRE as long as this stock is trending above $48.37 with strong upside volume flows. Look for a sustained high-volume move and close above $48.27 and near its daily highs to signal that FIRE has more upside ahead. Keep in mind that FIRE hit a new 52-week high toady of $50.08.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts