This company operates a chemical bulk tank truck network in North America. This stock is trading up 3.5% to $7 in recent trading.
Today's Range: $6.75-$7.24
52-Week Range: $4.91-$14.61Volume: 255,000 Three-Month Average Volume: 285,254 From a technical perspective, QLTY is ripping higher here right above its 50-day moving average of $6.41 with decent upside volume. This stock has been uptrending strongly for the last two months, with shares moving higher from its low of $4.91 to its recent high of $7.24. During that move, shares of QLTY have been mostly making higher low and higher highs, which is bullish technical price action. That move has now started to push QLTY into its previous gap down zone from last November that started at $8.50. Traders should now look for long-biased trades in QLTY as long as it's trending above its 50-day at $6.41, and then once it sustains a move or close $6.97 to $7.24 with volume that hits near or above 285,254 shares. If that breakout triggers soon, then QLTY will set up to re-fill some of its previous gap down zone. To see more stocks that are making notable moves higher today, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.
Twitter and become a fan on Facebook. At the time of publication, author had no positions in stocks mentioned. Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including CNBC.com and Forbes.com . You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.