Traders should now look for long-biased trades in BGMD as long as it's trending above some key near-term support levels at $1.60 to $1.56 and then once it sustains a move or close above those breakout levels with volume that hits near or above 255,357 shares. If that breakout triggers soon, then BGMD will set up to re-test or possibly take out its next major overhead resistance levels at $2.30 to $2.53. Any high-volume move above $2.53 will then put its 200-day at $2.69 to $3 into range for shares of BGMD.
Synergy Resources ( SYRG) is an exploration stage company engaged in oil and gas acquisitions, exploration, development and production activities. This stock closed up 4.4% to $6.80 on Tuesday.
Tuesday's Range: $6.54-$6.80
52-Week Range: $2.40-$7.78
Three-Month Average Volume: 254,095
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