Avino Silver & Gold Mines

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

Get Adobe Flash player

Avino Silver & Gold Mines ( ASM) is a natural resource company, primarily engaged in the acquisition, exploration and development of natural resource properties. This stock is trading up 17.2% at $2.18 in recent trading.

Today's Range: $1.98-$2.25

52-week Range: $1.30-$3.60

Volume: 78,000

Three-Month Average Volume: 24,732

From a technical perspective, ASM has broken out above some past overhead resistance today at $2.04, and above its 200-day moving average of $2.16 on above average volume. This move now puts ASM within range of breaking out again above its next significant overhead resistance level at $2.30.

Traders should now watch for a sustained high-volume move and close above $2.30 to signal that ASM wants to trend much higher. Look for volume that's well above 24,732 shares. If we get that action soon, then target a run back toward its next significant overhead resistance levels at $2.60 to $3 in the near future.

If you liked this article you might like

'Cloud Wars' Intensify; Staples Shows Some Staying Power -- ICYMI Friday

North Korea Threat Pulls Wall Street Lower

Geopolitical Risk Is So Hot, Investors Get Primed for the Ultimate Fire Sale: Market Recon

North Korea, Disney and Netflix - 5 Things You Must Know Before the Market Opens