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Dex One(DEXO) is a marketing services company that helps local businesses to reach consumers. It offers local businesses personalized marketing consulting services and exposure across a network of local marketing products, including its print, online and mobile yellow pages and search solutions, as well as search engines. This stock is trading up 3.4% at $1.21 per share in recent trading.
Today's Range: $1.15-$1.24
52-Week Range: $0.36-$2.63
Three-Month Average Volume: 217,898
>>5 Stocks Poised for Breakouts
From a technical perspective, DEXO is moving modestly higher here with decent volume. This move is pushing the stock within range of
triggering a major breakout trade. That trade will hit once DEXO takes out its 200-day moving average of $1.25, and then some past overhead resistance levels at $1.33 to $1.53 with high volume.
Traders should now look for long-biased trades once DEXO clears its 200-day, and then once it sustains a move or close over $1.33 to $1.53 with volume that's near or above 217,898 shares. If we get that action soon, then DEXO could easily re-test and possibly take out its next major overhead resistance levels at $1.99 to $2.17. Keep in mind that this stock will not look as attractive from the long side unless it holds a high-volume trend over its 200-day
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.