ServiceSource International (SREV) helps hardware, software, health care and life sciences companies derive from their customers more revenue from maintenance, support and subscription agreements. This stock is trading up 7.1% to $6.48 in recent trading.
Today's Range: $6.02-$6.5252-Week Range: $4.01-$16.78 Volume: 178,000 Three-Month Average Volume: 702,316 >>5 Stocks Under $10 Set to Soar From a technical perspective, SREV is bouncing higher here right off some previous support at $6 with lighter-than-average volume. This stock has been trending sideways for the last two months, with shares moving between $6 on the downside and $7.31 on the upside. Shares of SREV are now quickly moving within range of triggering a near-term breakout trade. That trade will hit if SREV manages to take out its 50-day at $6.53 with high volume. Traders should now look for long-biased trades in SREV as long as it's trending above some near-term support at $6, and then once it sustains a move or close above $6.53 with volume that hits near or above 702,316 shares. If that breakout triggers soon, then SREV will set up to re-test or possibly take out its next major overhead resistance levels $7.16 to $7.31. Any high-volume move above those levels will then put its 200-day at $8.04 into range for shares of SREV.
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