Littelfuse (LFUS) is a supplier of circuit protection products for the electronics industry, providing a line of circuit protection solutions to worldwide customers. This stock is trading up 2.4% at $64.25 in recent trading.
Today's Volume: 90,000Average Volume: 108,956 Volume % Change: 64% From a technical perspective, LFUS is bouncing today right off some near-term support at $62 with decent volume. This move is quickly pushing LFUS within range of triggering a major breakout trade. That trade will hit once LFUS takes out some past overhead resistance at $65.64 with high volume. Traders should now look for long-biased trades if LFUS can sustain a move and close above $65.64 with volume that's near or well above 108,956 shares. If we get that action today or soon, look for LFUS to make a run at $70 in the near future.
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