SkyPeople Fruit Juice
52-Week Range: $1.40-$2.90
Tuesday's Volume: 126,000
Three-Month Average Volume: 41,045 >>5 Stocks Ready to Break Out From a technical perspective, SPU jumped higher here right above its 50-day moving average of $2.19 with above-average volume. This move is starting to push shares of SPU within range of triggering a near-term breakout trade. That trade will hit if SPU manages to take out some near-term overhead resistance levels at $2.52 to $2.64 with high volume. Traders should now look for long-biased trades in SPU as long as it's trending above its 50-day at $2.19 and then once it sustains a move or close above those breakout levels with volume that hits near or above 41,045 shares. If that breakout triggers soon, then SPU will set up to re-test or possibly take out its next major overhead resistance levels at $2.74 to $2.80. Any high-volume move above those levels will then put its 52-week high at $2.90 into range for shares of SPU.
52-Week Range: $5.55-$9.74
Thursday's Volume: 65,000
Three-Month Average Volume: 59,788 >>5 Rocket Stocks Set to Rally From a technical perspective, SNAK bounced higher here with above-average volume. This move is quickly pushing shares of SNAK within range of triggering a near-term breakout trade. That trade will hit if SNAK manages to take out its 52-week high at $9.74 with high volume. Traders should now look for long-biased trades in SNAK as long as it's trending above some key near-term support levels at $8.88 to its 50-day at $8.56, and then once it sustains a move or close above its 52-week high at $9.74 with volume that hits near or above 59,788 shares. If that breakout triggers soon, then SNAK will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $12 to $13. 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 Delafield, Wis.
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