This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
LodgeNet Interactive(LNET) is a provider of interactive media and connectivity solutions to the hospitality industry in the United States, Canada and Mexico. This stock is trading up 6.7% to $3.82 in recent trading.
Today's Range: $3.53-$3.79
52-Week Range: $1.31-$4.09
Three-Month Average Volume: 148,275
From a technical perspective, LNET is bouncing big right off its 50-day moving average of $3.51 today on light volume. This move is quickly pushing LNET within range of triggering a major breakout trade. That trade will hit once LNET takes out some near-term overhead resistance at $3.90 to $4.09 with high-volume.
Traders should look for long-biased trades if LNET can sustain a move and close above those levels with volume that's near or above 148,275 shares. If we get that action soon, look for LNET to make a run at its next significant overheard resistance levels at $4.81 to $5.50.
To see more stocks 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.