52-Week Range: $3.12-$6.66
Thursday's Volume: 257,000
Three-Month Average Volume: 202,965 >>3 Hot Stocks to Trade (or Not) From a technical perspective, SB spiked higher here back above its 50-day moving average at $5.19 with above-average volume. This move is quickly pushing shares of SB within range of triggering a major breakout trade. That trade will hit if SB manages to take out some near-term overhead resistance levels at $5.44 to $5.75 with high volume. Traders should now look for long-biased trades in SB as long as it's trending above some near-term support at $4.95 and then once it sustains a move or close above those breakout levels with volume that hits near or above 202,965 shares. If that breakout hits soon, then SB will set up to re-test or possibly take out its 52-week high at $6.66.