(QLTY - Get Report)
This company and its subsidiaries are engaged in truckload transportation of bulk chemicals in North America. This stock is trading up 6.2% to $6.17 in recent trading.
Today's Range: $5.85-$6.28
52-Week Range: $4.91-$14.61
Three-Month Average Volume: 193,256
From a technical perspective, QLTY is bouncing higher today right above some near-term support at $5 with above-average volume. This stock recently gapped down big earlier this month from around $8.50 to $5.47 with huge downside volume. Following that move, shares of QLTY have started to rebound sharply and move within range of breaking out above its gap down day high of $6.33.
Traders should now look for long-biased trades in QLTY as long as it's trending above $5.40, and then once it sustains a move or close above $6.33 with volume that hits near or above 193,256 shares. If that breakout triggers soon, then QLTY will set up to re-fill some of that gap back towards $8.50.
(SREV - Get Report)
This company helps hardware, software, healthcare, and life sciences companies derive from their customers more revenue from maintenance, support and subscription agreements. This stock is trading up 6.8% to $4.85 in recent trading.
Today's Range: $4.58-$4.90
52-Week Range: $4.01-$18.00
Three-Month Average Volume: 979,914
From a technical perspective, SREV is ripping higher here right off some near-term support at $4.50 with decent volume. This move has started to push SREV into breakout territory, now that the stock has pushed above some near-term overhead resistance at $4.78. At last check, SREV has hit an intraday high of $4.91 and volume is a bit below its three-month average action of 979,914 shares. Shares of SREV are now moving within range of an even bigger breakout above its gap down day high of $5.60.
Traders should now look for long-biased trades in SREV as long as it's trending above $4.45, and then once it sustains a move or close above its recent gap down day high of $5.60 with volume that hits near or above 979,914 shares. If SREV triggers that breakout, then the stock will set up to re-fill some of that massive gap down zone from earlier November that started at around $8.