Traders should now look for long-biased trades in ANGO as long as it's trending above some near-term support levels at $14 or $13.50 and then once it sustains a move or close above those breakout levels with volume that's near or above 118,626 shares. If that breakout hits soon, then ANGO will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $16.50 to $17, or even $20.
SolarCity ( SCTY) is engaged in designing, sales, engineering, installation, monitoring, maintenance and financing of solar energy systems to residential and commercial customers, and sale of electricity generated by solar energy systems to customers. This stock closed up 12.5% at $52.38 in Wednesday's trading session.
Wednesday's Volume: 14.78 million
Three-Month Average Volume: 2.97 million
Volume % Change: 337%
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