Tuesday's Range: $5.06-$5.32
52-Week Range: $3.78-$7.17
Thursday's Volume: 323,000
Three-Month Average Volume: 208,510
From a technical perspective, FLWS spiked notably higher here right off its 50-day moving average of $5.09 with above-average volume. This stock has been consolidating and trending sideways for the last four months, with shares moving between $4.53 on the downside and $5.75 on the upside. This spike on Tuesday is starting to push shares of FLWS within range of triggering a breakout trade above the upper-end of its recent sideways trading chart pattern. That trade will hit if FLWS manages to take out Tuesday's high of $5.32 to its 200-day at $5.64 and then once it clears some past overhead resistance at $5.75 with high volume.Traders should now look for long-biased trades in FLWS as long as it's trending above $5 or above $4.80 and then once it sustains a move or close above those breakout levels with volume that hits near or above 208,510 shares. If that breakout hits soon, then FLWS will set up to re-test or possibly take out its next major overhead resistance levels at $6.20 to $6.50. Any high-volume move above those levels will then give FLWS a chance to tag $7. To see more stocks that are making notable moves higher, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr. -- Written by Roberto Pedone in Delafield, Wis.