Harvest Natural Resources ( HNR) is a petroleum exploration and production company. This stock is trading up 5.1% to $6.53 in recent trading. Today's Range: $6.19-$6.60 52-Week Range: $5.82-$14.66 Volume: 306,000 Three-Month Average Volume: 695,723 >>7 Energy Stocks Investors Have All Wrong From a technical perspective, HNR is moving sharply higher today on below average volume. This move is quickly pushing the stock within range of triggering a near-term breakout trade. That trade will hit once HNR takes out some near-term overhead resistance at $6.62, and its 50-day moving average of $6.94 with high-volume. Traders should now look for long-biased trades once HNR sustains a move or close above those levels with volume that's near or well above 695,723 shares. If we get that action soon, look for HNR to make a run at $7.50 to $8.50 in the near future.
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.