EnerNOC (ENOC) is a provider of energy management applications, services and products for the smart grid, which include comprehensive demand response, data-driven energy efficiency, energy price and risk management and enterprise carbon management applications, services and products. This stock is trading up 8.8% at $10.96 in recent trading.
Today's Volume: 487,000Average Volume: 266,292 Volume % Change: 293% >>5 Stocks Under $10 Poised for Breakouts From a technical perspective, ENOC is ripping higher here with above average volume. This move has pushed ENOC into near-term breakout territory, since the stock has taken out some overhead resistance at $10.66. Traders should now look for long-biased trades in ENOC as long as it's trending above $10 with strong upside volume flows. I would consider any upside volume day that registers near or above 266,292 shares as bullish. Traders could also just look for long trades if ENOC can hold this breakout above $10.66 with high volume. If ENOC can hold this trend, then the stock has a treat chance of re-testing or possibly taking out its next significant overhead resistance levels at $11.75 to $12.24.
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