Innospec (IOSP) develops, manufactures, blends and markets fuel additives, personal care and fragrance products and other specialty chemicals. This stock is trading up 2% at $30.23 in recent trading.
Today's Volume: 148,000Average Volume: 139,609 Volume % Change: 100% >>5 Stocks Poised for Breakouts From a technical perspective, IOSP is moving modestly higher here on above average volume. This move follows some recent momentum for IOSP after the stock ripped back above both its 50-day and 200-day moving averageswith heavy volume. Traders should now look for long-biased trades as long as IOSP doesn't trade below today's low of $29.70 with high volume. If IOSP can continue to trend above today's low with solid volume, then this stock has a good chance of hitting its next significant overhead resistance levels at $31.79 to $32.46 in the near future.
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