Emcore (EMKR) offers a portfolio of compound semiconductor-based products for the broadband, fiber optics, space and solar power markets. This stock is trading up 5.8% to $4.81 in recent trading.
Today's Range: $4.51-$4.8352-Week Range: $3.28-$12.40 Volume: 249,000 Three-Month Average Volume: 222,436 >>4 Chip Stocks Smart Money Is Buying From a technical perspective, EMKR is ripping higher today and moving back above its 50-day moving average of $4.75 on decent volume. As long as EMRK can manage to close above its 50-day, then traders should continue to look for long-biased trades. This stock could have some juice back towards its 200-day moving average of $5.92, but again, make sure it continues to trend above its 200-day. It's also worth noting that the upside volume for the last week has been tracking in very strong, so this stock could be under heavy accumulation.
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