Prospect Global Resources ( PGRX) is an exploration stage company engaged in the exploration and mining of potash in the Holbrook Basin of eastern Arizona. This stock closed up 13.8% to $1.56 in recent trading. Today's Range: $1.38-$1.56 52-Week Range: $1.61-$10.50 Volume: 430,000 Three-Month Average Volume: 225,912 From a technical perspective, PGRX soared higher Wednesday back above its 50-day moving average of $1.50 with above-average volume. This move is pushing shares of PGRX within range of triggering a near-term breakout trade. That trade will hit if PGRX manages to take out some near-term overhead resistance levels at $1.59 to $1.84 with high volume. Traders should now look for long-biased trades in PGRX as long as it's trending its 50-day at $1.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 225,912 shares. If that breakout triggers soon, then PGRX will set up to re-test or possibly take out its next major overhead resistance levels at $2 to $2.25. Any high-volume move above $2.25 will then put $2.50 to $3 into range for shares of PGRX. To see more stocks that are making notable moves higher today, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.