KiOR (KIOR) is a renewable fuels company engaged in producing cellulosic gasoline and diesel from abundant non-food biomass. This stock is trading up 4.8% at $8.71 in recent trading.
Today's Range: $8.39-$8.9252-Week Range: $6.34-$23.85 Volume: 75,000 Three-Month Average Volume: 152,105 >>5 Rocket Stocks Ready to Rally From a technical perspective, KIOR is trending notably higher here with light volume. This move is quickly pushing the stock within range of triggering a near-term breakout trade. That trade will hit once KIOR manages to take out its 200-day moving average at $9.37, and then once it clears some more overhead resistance at $9.95 with high volume. Traders should now look for long-biased trades in KIOR as long as it's trending above some near-term support at $8.12, and then once it sustains a move or close above those breakout levels with volume that's near or above 152,105 shares. If that breakout triggers soon, then KIOR will have a great chance to re-test or possibly take out its next major overhead resistance levels at $11.58 to $11.95. Any high-volume move above $11.58 to $11.95 will put $13.90 into range for KIOR.