This company is engaged in the design, development, marketing, manufacturing and installation and sale of photovoltaic products in the People's Republic of China and overseas markets. This stock is trading up 4.9% to $1.70 in recent trading.
Today's Range: $1.62-$1.77
52-Week Range: $1.25-$6.27Volume: 2.13 million Three-Month Average Volume: 954,671 From a technical perspective, YGE is bouncing higher here right off its 50-day moving average of $1.64 with heavy upside volume. This move is quickly pushing YGE within range of triggering a near-term breakout trade. That trade will hit once YGE manages to take out some near-term overhead resistance levels at $1.75 to $1.90 with high volume. Traders should now look for long-biased trades in YGE as long as it's trending above its 50-day at $1.64, and then once it sustains a move or close above those breakout levels with volume that hits near or above 954,671 shares. If YGE triggers that breakout, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $2.18 to its 200-day at $2.61. Advanced Micro Devices (AMD - Get Report) This is a semiconductor company with manufacturing, research and development, and sales and administrative facilities throughout the world. It provides processing solutions for the computing and graphics markets. This stock is trading up 4.3% to $2.05 in recent trading. Today's Range: $2.01-$2.12 52-Week Range: $1.81-$8.35 Volume: 26.16 million Three-Month Average Volume: 28.96 million Shares of AMD are trending higher today after the company said it plans to sell its Austin, Texas campus in order to raise cash. The planned sale is expected to generate $150 million to $200 million. From a technical perspective, AMD is bouncing higher here right above some near-term support levels at $1.81 to $1.85 with decent volume. This stock has also started to flirt with some near-term overhead resistance at $1.97. Shares of AMD have been downtrending badly for the last six months, with shares falling from over $6 to its recent low of $1.81. During that move, shares of AMD have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of AMD could be setting up to rebound sharply higher now that it's starting to flirt with a near-term breakout.
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