Traders should now look for long-biased trades in CDTI as long as it's trending above its 50-day at $1.48 or above more support at $1.40 and then once it sustains a move or close above those breakout levels with volume that hits near or above 182,652 shares. If that breakout hits soon, then CDTI will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day moving average of $1.92 to $2.08. Any high-volume move above those levels will then give CDTI a chance to tag $2.25 to $2.50.
Superconductor Technologies ( SCON) develops high-temperature superconductor materials and related technologies. It also designs, manufactures, and sells high-performance infrastructure products for wireless communication applications. This stock closed up 10.1% to $1.96 in Thursday's trading session.
Thursday's Range: $1.80-$2.08
52-Week Range: $1.42-$6.72
Thursday's Volume: 2.30 million
Three-Month Average Volume: 281,509
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