A123 Systems (AONE) designs, develops, manufactures and sells rechargeable lithium-ion batteries and battery systems, and provides research and development services to Government agencies and commercial customers. This stock is trading up 2.7% to $1.69 in recent trading.
Today's Range: $1.63-$1.7752-Week Range: $1.51-$7.95 Volume: 2.2 million Three-Month Average Volume: 3.1 million From a technical perspective, AONE has started to flirt with a big breakout trade today since the stock briefly moved above some near-term overhead resistance at $1.72 with decent volume. At last check, AONE has now moved off its daily high of $1.77 to its current price of around $1.69. Traders should only look for long-biased trades in AONE as long as the stock is trending above $1.72 or above $1.77 with strong upside volume flows. Look for a sustained high-volume move and close above those levels that registers volume that's near or well above 3.1 million shares. If we get that action soon, then look for AONE to re-test its 50-day moving average of $2.01. To see more stocks under-$10 that are making notable moves higher today, check out the Stocks Under-$10 Moving Higher portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.
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