Emcore

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Emcore ( EMKR) offers a portfolio of compound semiconductor-based products for the broadband, fiber optics, space and solar power markets. This stock is trading up 5.8% to $4.81 in recent trading.

Today's Range: $4.51-$4.83

52-Week Range: $3.28-$12.40

Volume: 249,000

Three-Month Average Volume: 222,436

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From a technical perspective, EMKR is ripping higher today and moving back above its 50-day moving average of $4.75 on decent volume. As long as EMRK can manage to close above its 50-day, then traders should continue to look for long-biased trades.

This stock could have some juice back towards its 200-day moving average of $5.92, but again, make sure it continues to trend above its 200-day. It's also worth noting that the upside volume for the last week has been tracking in very strong, so this stock could be under heavy accumulation.

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