Bonanza Creek Energy
Bonanza Creek Energy
(BCEI - Get Report)
is an independent energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas. This stock is trading up 2.3% at $31.46 in recent trading.
Today's Volume: 716,000
Average Volume: 533,977
Volume % Change: 117%
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From a technical perspective, BCEI is bouncing higher here right above some near-term support at $29.80 with above-average volume. This stock has been uptrending strong for the last three months, with shares soaring from its low of $20.83 to its recent high of $33.34. During that move, shares of BCEI have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of BCEI within range of triggering a major breakout trade. That trade will hit once BCEI takes out its all-time high of $33.34 with high volume.
Traders should now look for long-biased trades in BCEI as long as it's trending above $29.80 or its 50-day at $28.03, and then once it sustains a move or close above $33.34 with volume that hits near or above 533,977 shares. If that breakout triggers soon, then BCEI will have a great chance of tagging $35 to $37 in the near future.
is a designer, producer, marketer and brand manager of innovative, high-quality footwear and accessories. This stock is trading up 41% to $41.56 in recent trading.
Today's Volume: 1.98 million
Average Volume: 2.31 million
Volume % Change: 50%
Shares of DECK are moving higher today after an analyst at Jefferies said its Ugg boots are still a winter favorite and that colder weather in many parts of the U.S. could lift Ugg sales. The firm maintained its buy rating and raised its price target on the stock by $10 to $60.
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From a technical perspective, DECK is ripping higher here right above some near-term support at $39.04 with decent volume. This move is quickly pushing shares of DECK within range of triggering a major breakout trade. That trade will hit if DECK manages to take out some near-term overhead resistance levels at $42.53 to $44.16 with high volume.