FSI International ( FSII) designs, manufactures, markets and supports equipment used in the fabrication of microelectronics, such as advanced semiconductor devices. This stock is trading up 8.5% at $4.81 in recent trading. Today's Range: $4.63-$4.89 52-Week Range: $1.70-$5.44 Volume: 635,000 Three-Month Average Volume: 495,736 >>5 chip Stocks JPMorgan Likes From a technical perspective, FSII is bouncing strong today right near its 50-day moving average of $4.44 with above average volume. This move is pushing the stock within range of triggering a major breakout trade. That trade will hit once FSII takes out some near-term overhead resistance at $5.09 to $5.44 with high volume. Traders should now look for long-biased trades if FSII can move or close above those levels with volume that's near or well above 495,736 shares. If we get that action soon, look for FSII to trade up substantially from current levels. Traders can use the 50-day moving average of $4.44 or some near-term support at $4.21 as stop-out levels.
NewLead Holdings (NEWL) stock is lower in after-hours trading following a judge's decision to deny the company its preliminary injunction attempting to stop Ironridge Global IV from obtaining additional shares of NewLead.
Shares of NewLead (NEWL) are up over 40% after the Greek shipping company announced that the company was granted a Temporary Restraining Order against Ironridge Global IV, Ltd. prohibiting the further issuance of common shares in payment of dividends on Series A Preference Shares of NewLead.