Traders should now look for long-biased trades in PVG as long as it's trending above Tuesday's low of $7.58 or above near-term support at $7.36 and then once it sustains a move or close above those breakout levels with volume that hits near or above 199,092 shares. If that breakout triggers soon, then PVG will set up to re-test or possibly take out its next major overhead resistance levels at $10 to its 50-day moving average at $10.51. Any high-volume move above $10.51 would then put $11 to $11.50 into range for shares of PVG.
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.
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