52-Week Range: $3.69-$6.97
Thursday's Volume: 608,000
Three-Month Average Volume: 164,042 From a technical perspective, KEM soared higher here and broke out above some near-term overhead resistance at $5.61 with heavy upside volume. Shares of KEM hit an intraday high of $5.94, before closing just above that near-term breakout level at $5.67. Market players should now look for a continuation move higher in KEM in the short-term, if the buyers set back up to the plate. Traders should now look for long-biased trades in KEM as long as it's trending above Thursday's low of $5.40 or above some more support at $5.22 and then once it sustains a move or close above Thursday's high of $5.94 with volume that hits near or above 164,042 shares. If we get that move soon, then KEM will set up to re-test or possibly take out its next major overhead resistance levels at $6.83 to $6.97. Any high-volume move above those levels will then give KEM a chance to tag $8. GSE Holdings GSE Holdings ( GSE) provides geosynthetic containment solutions for environmental protection and confinement applications. This stock closed up 4% to $2.82 in Thursday's trading session. Thursday's Range: $2.62-$2.88
52-Week Range: $1.92-$8.43
Thursday's Volume: 194,000
Three-Month Average Volume: 222,611 From a technical perspective, GSE spiked sharply higher here with decent upside volume. This move is quickly pushing shares of GSE within range of triggering a major breakout trade. That trade will hit if GSE manages to take out Thursday's high of $2.88 to some key near-term overhead resistance at $2.95 with high volume. Traders should now look for long-biased trades in GSE as long as it's trending above some near-term support at $2.60 or above its 50-day at $2.36 and then once it sustains a move or close above those breakout levels with volume that hits near or above 222,611 shares. If that breakout hits soon, then GSE will set up to re-test or possibly take out its next major overhead resistance levels at 3.50 to $4.