Wednesday's Volume: 396,000
Three-Month Average Volume: 77,650
Volume % Change: 469%
From a technical perspective, MZOR gapped sharply higher here right above some near-term support at $15.60 with heavy upside volume. This move briefly pushed shares of MZOR into all-time high and breakout territory, after the stock flirted with some near-term overhead resistance at $17.26. Shares of MZOR closed off its intraday high of $17.61 to $16.84 with volume that was well above its three-month average action of 77,650 shares.
Traders should now look for long-biased trades in MZOR as long as it's trending above $16 or $15.60 and then once it sustains a move or close above its new all-time high at $17.61 with volume that hits near or above 77,650 shares. If we get that move soon, then MZOR will set up to enter new three-year-high territory, which is bullish technical price action. Some possible upside targets off that move are $20 to $23.Uni-pixel Uni-pixel ( UNXL) manufactures electronic film products using its proprietary manufacturing process, UniBoss. It delivers its products to the display, touch screen and flexible electronics market segments. This stock closed up 14.9% at $18.39 in Wednesday's trading session. Wednesday's Volume: 4 million
Three-Month Average Volume: 944,466
Volume % Change: 335% >>5 Rocket Stocks to Buy for September Gains From a technical perspective, UNXL soared higher right above some near-term support levels at $15.16 to $15.02 with monster upside volume. This move pushed shares of UNXL into breakout territory, since the stock took out some near-term overhead resistance at $17.53. Shares of UNXL are now quickly moving within range of triggering another big breakout trade. That trade will hit if UNXL manages to take out its 200-day moving average of $20.18 and then once it clears more resistance at $20.39 with high volume. Traders should now look for long-biased trades in UNXL as long as it's trending above $17.53 or above Wednesday's low of $16.64 and then once it sustains a move or close above those breakout levels with volume that hits near or above 944,466 shares. If that breakout hits soon, then UNXL will set up to re-test or possibly take out its next major overhead resistance levels at $25 to $30.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts