Today's Range: $2.29-$2.4052-Week Range: $1.21-$2.94 Volume: 1.3 million Three-Month Average Volume: 1 million >>5 Rocket Stocks to Buy Ahead of Earnings From a technical perspective, JMBA is ripping higher here with above-average volume. This move is quickly pushing JMBA within range of triggering a major breakout trade. That trade will hit once JMBA manages to clear its 50-day at $2.44, and then once it takes out some near-term overhead resistance at $2.54 with high volume. Traders should now look for long-biased trades in JMBA as long as its trending above its 50-day, and then once it sustains a move or close above $2.54 with volume that's near or above 1 million shares. If that breakout triggers soon, then JMBA will have a great chance to re-test or possibly take out its next major overhead resistance levels at $2.82 to $2.94.
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