Leap Wireless ( LEAP) is a wireless communications carrier that offers digital wireless services in the U.S. under the Cricket brand. This stock is trading up 9.5% at $5.53 in recent trading. Today's Range: $5.29-$5.62 52-Week Range: $4.68-$14.08 Volume: 2.1 million Three-Month Average Volume: 2.4 million >>10 Top-Rated Tech Stocks That Pay Big Dividends From a technical perspective, LEAP is bouncing here right around some major support zones at $5 to $4.91 with decent volume. This stock is quickly approaching its 50-day moving average of $5.74. Traders should now look for long-biased trades once LEAP can sustain a move or close over $5.74 with high volume. Look for volume off that move that registers near or above 2,384,030 shares. If we get that action today or soon, then LEAP could easily re-test and possibly take out its next major overhead resistance levels at $6.75 to $6.92, or even its 200-day moving average of $7.73.
Cleantech Solutions (CLNT) soared Monday after the metal components manufacturer reported its fourth-quarter results. Revenue increased 29.4% year over year to $22.8 million from $17.6 million mostly due to sales of the company's dyeing and finishing equipment thanks to the demand for Cleantech's low-emission airflow dyeing machines. Net income increased to $2.1 million, or 60 cents per basic and diluted share, from $0.5 million, or 17 cents per basic and diluted share, in the same period one year earlier. Operating expenses decreased 10.7% year over year to $3.1 million from $3.5 million, while operating income increased to $2.8 million from $0.7 million. Operating margin was 12.2% compared to 4.1% in the same period one year earlier. Adjusted EBIDTA rose year over year to $7.3 million from $4.8 million.