Endeavour International

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Endeavour International ( END) is an independent oil and gas company engaged in the exploration, development and acquisition of energy reserves in the U.S. and U.K. This stock is trading up 13% at $8.96 in recent trading.

Today's Range: $8.49-$9.34

52-Week Range: $5.80-$16.43

Volume: 1,435,000

Three-Month Average Volume: 438,857

Shares of END are ripping higher today after Rodman & Renshaw raised its recommendation to outperform from market perform with a $12.50 price target following its U.K. North Sea acquisition.

From a technical standpoint, END triggered a big breakout today once the stock cleared some past overhead resistance at $7.37 to $7.91 on monster volume.

Market players should now watch for the next breakout trade to trigger once END takes out $10.23 to $10.68 (its 200-day moving average) with volume. Look for volume on a move and close above those levels that's near or above 438,857 shares.

If you liked this article you might like

Trade-Ideas: SemiLEDs (LEDS) Is Today's "Perilous Reversal" Stock

Strong On High Volume: SemiLEDs (LEDS)

Today's Dead Cat Bounce Stock: SemiLEDs (LEDS)

SemiLEDs (LEDS) Highlighted As Weak On High Volume

SemiLeds (LEDS) Stock Slumping on Q3 Financial Results