Solazyme ( SZYM) This company is in the business of transforming a range of low-cost plant-based sugars into high-value oils. This stock is trading up 4% to $7.49 in recent trading. Today's Range: $7.25-$7.62 52-Week Range: $6.45-$16.31 Volume: 273,000 Three-Month Average Volume: 456,892 From a technical perspective, SZYM is bouncing higher here right off some near-term support at $7.05 with decent volume. This stock has been downtrending badly for the last five months, with shares plunging from its high of $14.23 to its recent low of $6.45. During that move, shares of SZYM have been consistently making lower highs and lower lows, which is bearish technical price action. That said, SZYM has recently started to rebound off that $6.45 low and move within range of triggering a near-term breakout trade. That trade will hit once SZYM takes out some near-term overhead resistance at $7.75 with high volume. Traders should now look for long-biased trades in SZYM as long as it's trending above $7.05, and then once it sustains a move or close above $7.75 with volume that hits near or above 456,892 shares. If that breakout triggers soon, then look for SZYM to re-test or possibly take out its next major overhead resistance levels at $8.70 to its 50-day at $8.95. Any high-volume move above $8.95 will then put $10 to $10.50 into focus for shares of SZYM. Lincoln Educational Services ( LINC) This company is a provider of career-oriented post-secondary education as measured by total enrollment. This stock is trading up 5% to $4.17 in recent trading. Today's Range: $3.97-$4.30 52-Week Range: $3.42-$9.70 Volume: 58,000 Three-Month Average Volume: 114,990 From a technical perspective, LINC is ripping higher here right off its 50-day moving average of $3.97 with lighter volume. This move is coming after shares of LINC recently formed a major bottoming pattern at around $3.60 to $3.63. This action is now pushing LINC within range of triggering a major breakout trade. That trade will hit once LINC manages to take out some near-term overhead resistance levels at $4.19 to $4.31 with high volume. At last check, LINC has hit an intraday high of $4.30 and volume is about half of its three-month average action of 114,990 shares.
Shares of Pacer International (Nasdaq:PACR) were gapping up Thursday morning with an open price 14.6% higher than Wednesday's closing price. The stock closed at $4.80 yesterday and opened today's trading at $5.50.