PowerSecure International (POWR) is a provider of products and services to electric utilities and to their commercial, institutional and industrial customers. This stock is trading up 8.9% at $5.14 in recent trading.
Today's Range: $4.64-$5.2452-Week Range: $3.78-$6.97 Volume: 82,000 Three-Month Average Volume: 105,270 From a technical perspective, POWR is bouncing powerfully right off its 50-day moving average of $4.66 here with decent volume. This move is quickly pushing the stock within range of triggering a major breakout trade. That trade will hit once POWR takes out its 200-day moving average at $5.32, and then some past overhead resistance levels at $5.40 to $5.65 with high volume. Traders should now look for long-biased trades once POWR sustains a move or close above those levels with volume that's near or above 105,270 shares. If that breakout triggers soon, then POWR has an excellent chance of re-testing or possibly taking out its next major overhead resistance levels at $6.25 to $7. Traders might want to look at buying POWR off weakness as long as it holds its trend above its 50-day at $4.66.