Willbros Group (WG) is a provider of services to global end markets serving the oil and gas, refinery, petrochemical and power industries. This stock is trading up 4.4% to $5.21 in recent trading.
Today's Range: $5.00-$5.2852-Week Range: $3.13-$10.01 Volume: 344,000 Three-Month Average Volume: 428,315 From a technical perspective, WG is moving notably higher here as it continues to see buying momentum off its 200-day moving average of $4.65. The recent buying interest off its 200-day is now driving this stock near a major breakout trade. That trade will hit once WG takes out some near-term overhead resistance at $5.30 to $5.56 with high-volume. Traders should now look for long-biased trades if WG can sustain a move or close above those levels on volume that's near or above 428,315 shares. If we get that breakout soon, then this stock has a great chance of re-testing its next significant overhead resistance levels at $6.27 to $6.77 in the near future. 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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