This is a global education company, which is an on-ground provider of private, for-profit, postsecondary education in the U.S. and also has a presence in online education. This stock is trading up 7.6% to $3.25 in recent trading.
Today's Range: $3.04-$3.25
52-Week Range: $2.51-$12.41Volume: 254,000 Three-Month Average Volume: 674,579 From a technical perspective, CECO is bouncing higher here right around some near-term support at $3 with light volume. This move has started to push CECO into breakout territory, since the stock has moved above some near-term overhead resistance at $3.12. Shares of CECO are now quickly moving within range of triggering another breakout trade. That trade will hit once CECO takes out its 50-day at $3.35 with high volume. Traders should now look for long-biased trades in CECO as long as it's trending above $3, and then once it sustains a move or close above its 50-day at $3.35 with volume that hits near or above 674,579 shares. If that breakout triggers soon, then CECO will set up to re-test or possibly take out its next major overhead resistance levels at $3.95 to $4.34. Any high-volume move above $4.34 will then put $5.08 to its 200-day at $5.32 into focus for shares of CECO. City Telecom (CTEL) This company is a Hong Kong-based provider of residential and corporate fixed telecommunications network and international telecommunications services. This stock is trading up 9.5% to $5.54 in recent trading. Today's Range: $5.41-$5.71 52-Week Range: $3.64-$13.86 Volume: 313,000 Three-Month Average Volume: 128,790 From a technical perspective, CTEL is gapping higher here right off some near-term support at $5 with above-average volume. This move has started to push CTEL into breakout territory, since the stock has challenges some past overhead resistance at $5.63. At last check, CTEL has hit an intraday high of $5.71 and volume is well above its three-month average action of 128,790 shares. Traders should now look for long-biased trades in CTEL as long as it's trending above $5, and then once it sustains a move or close above $5.63 to $5.71 with volume that hits near or above 128,790 shares. If CTEL can maintain that trend, then this stock will set up to re-fill some of its massive gap from July that started around $10. One possible upside target for CTEL if it starts to get into that gap with volume is its 200-day at $7.74.
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