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Asure Software(ASUR - Get Report) is a provider of Web-based workforce management solutions. Asure software offers Web-based workforce management solutions that enable organizations to manage their office environment, as well as their human resource and payroll processes. This stock is trading up 16% at $7.03 in recent trading.
Today's Range: $6.15-$7.25
52-Week Range: $1.51-$6.98
Three-Month Average Volume: 20,895
>>3 Tech Stocks to Trade (or Not)
From a technical perspective, ASUR is ripping to the upside here with
above-average volume. This move has now pushed ASUR into
breakout territory, since the stock has taken out some near-term overhead resistance at $6.98.
Traders should continue to look for long-biased trades as long as ASUR is trending above 6.98 with strong upside volume flows. I would consider any upside volume day that registers near or above 20,895 shares as bullish. If ASUR can maintain its trend above $6.98, then this stock could easily hit $10 in the very near future.