RadioShack

RadioShack ( RSH) is engaged in the retail sale of consumer electronics goods and services through its RadioShack store chain. This stock is trading up 4.7% to $2.42 in recent trading.

Today's Range: $2.30-$2.47

52-Week Range: $1.90-$10.34

Volume: 1.98 million

Three-Month Average Volume: 2.45 million

From a technical perspective, RSH is spiking higher here right above some near-term support at $2.20 with decent volume. This move is quickly pushing the stock within range of triggering a near-term breakout trade. That trade will hit if RSH manages to take out some near-term overhead resistance levels at $2.43 to $2.46 and then once it clears more resistance at $2.71 with high volume. At last check, RSH has hit an intraday high of $2.47 and volume is tracking in a bit below its three-month average action of 2.45 million shares.

Traders should now look for long-biased trades in RSH as long as it's trending above $2.20, and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.45 million shares. If that breakout triggers soon, then RSH will set up to re-test or possibly take out its next major overhead resistance levels at $2.90 to $3.10. Any move above $3.10 will then put its 200-day moving average at $3.21 into focus for shares of RSH.

China Hydroelectric

China Hydroelectric's ( CHC) job is to identify and evaluate acquisition opportunities and acquire, operate and, in some cases, complete construction of small hydropower plants in China. This stock is trading up 7.2% to $1.74 in recent trading.

Today's Range: $1.60-$1.80

52-Week Range: $0.62-$2.84

Volume: 363,000

Three-Month Average Volume: 111,105

From a technical perspective, CHC is ripping higher here back above its 50-day moving average of $1.74 with above-average volume. This move is also pushing the stock into breakout territory, since CHC has cleared some near-term overhead resistance at $1.75. Shares of CHC are now quickly moving within range of triggering another major breakout trade. That trade will hit if CHC manages to take out some past overhead resistance at $2.16 with high volume.

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