(EVC - Get Report)
is a Spanish-language media company utilizing a combination of television and radio operations to reach Hispanic consumers in the U.S. This stock is trading up 4.1% to $3.27 in recent trading.
Today's Range: $3.15-$3.46
52-Week Range: $1.10-$3.53
Three-Month Average Volume: 559,998
From a technical perspective, EVC is ripping higher here right above some near-term support at $3.01 with above-average volume. This move is quickly pushing shares of EVC within range of triggering a near-term breakout trade. That trade will hit if EVC manages to take out its 52-week high at $3.53 with high volume.
Traders should now look for long-biased trades in EVC as long as it's trending above today's low of $3.15 or above support at $3.01, and then once it sustains a move or close above today's high of $3.46 and its 52-week high of $3.53 with volume that hits near or above 559,998 shares. If that breakout triggers soon, then EVC will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $4 to $4.50, or even $5.
(WIFI - Get Report)
installs, manages and operates wireless network infrastructure to provide Wi-Fi services at its managed and operated hotspots, such as airports and hotels. This stock is trading up 5.8% to $5.80 in recent trading.
Today's Range: $5.53-$5.96
52-Week Range: $5.35-$12.31
Three-Month Average Volume: 120,705
Shares of WIFI are soaring higher here after the company said it may repurchase up to $10 million of its outstanding common stock.
From a technical perspective, WIFI is bouncing higher here right above its recent 52-week low of $5.35 with above-average volume. This bounce is also coming off oversold territory, since this stock recently had a relative strength index reading that was well below 30. Shares of WIFI are now quickly moving within range of triggering a near-term breakout trade. That trade will hit if WIFI manages to take out some near-term overhead resistance levels at $5.85 to $6 with high volume.