The Jones Group
The Jones Group ( JNY) designs, markets and wholesales branded apparel, footwear, jeanswear, jewelry and handbags. This stock is trading up 5.4% at $14.41 in recent trading.
Today's Volume: 978,000
Average Volume: 862,543
Volume % Change: 85%
Average Volume: 210,706
Volume % Change: 50% >>5 Stocks That Have Yet to Recover From 2008 From a technical perspective, RTEC is spiking sharply higher here off its 200-day moving average of $11.48 and back above its 50-day moving average of $11.68 with decent upside volume. This move is quickly pushing shares of RTEC within range of triggering a major breakout trade, which will hit if RTEC manages to take out some key near-term overhead resistance levels at $12.25 to $12.65 with high volume. Traders should now look for long-biased trades in RTEC as long as it's trending above its 200-day at $11.48 or above some more near-term support at $11.18, and then once it sustains a move or close above those breakout levels with volume that this near or above 210,706 shares. If that breakout triggers soon, then RTEC will set up to re-fill some of its previous gap-down zone from February that started near $14. Any high-volume move above $14 to $14.10 will then give RTEC a chance to tag $15 to $16.
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