Pretium Resources

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

Get Adobe Flash player

Pretium Resources ( PVG) engages in the acquisition, exploration, and development of precious metal resource properties in the Americas. This stock is trading up 3.8% at $14.69 in recent trading.

Today's Volume: 94,000

Average Volume: 124,740

Volume % Change: 50%

>>5 Rocket Stocks to Buy for Fall Gains

From a technical perspective, PVG is ripping higher here back above both its 50-day at $14.38 and its 200-day at $14.47 with decent volume. This move is quickly pushing PVG within range of triggering a major breakout trade. That trade will hit once PVG takes out some near-term overhead resistance levels at $15.14, and then $15.91 to $15.96 with high volume.

Traders should now look for long-biased trades in PVG as long as it's trending above $14.38, and then once it sustains a move or close above those breakout levels with volume that's near or above 124,740 shares. If that breakout triggers soon, then PVG will have an excellent chance of re-testing or possibly taking out its next major overhead resistance levels at $16.99 to $18.

If you liked this article you might like

8 Stocks Ripping Higher on Big Volume

7 Stocks Spiking on Unusual Volume

Homeowners Choice Stock Soars (HCII)

Homeowners Choice Inc. (HCII): Today's Featured Insurance Loser

Homeowners Choice Inc. (HCII): Today's Featured Insurance Loser