52-Week Range: $3.85-$5.77
Thursday's Volume: 305,000
Three-Month Average Volume: 219,969 >>4 Big Stocks on Traders' Radars From a technical perspective, TRGT bounced modestly higher here right above its 50-day moving average of $4.98 with above-average volume. This move is quickly pushing shares of TRGT within range of triggering a near-term breakout trade. That trade will hit if TRGT manages to take out some near-term overhead resistance at $5.33 with high volume. Traders should now look for long-biased trades in TRGT as long as it's trending above its 50-day at $4.98 or above its 200-day at $4.63 and then once it sustains a move or close above $5.33 with volume that hits near or above 219,969 shares. If that breakout triggers soon, then TRGT will set up to re-test or possibly take out its next major overhead resistance levels at its 52-week high of $5.77 to $6. Any high-volume move above $6 will then give TRGT a chance to re-fill some of its previous gap down zone from March of 2012 that started near $7.70. 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 Delafield, Wis.
Twitter and become a fan on Facebook.