52-Week Range: $0.70-$1.39
Tuesday's Volume: 339,000
Three-Month Average Volume: 399,831 >>5 Big Stocks to Trade for Big Gains From a technical perspective, URG spiked sharply higher here right off its 200-day moving average at $1 and right into its 50-day moving average at $1.07 with decent upside volume. This move is quickly pushing shares of URG within range of triggering a near-term breakout trade. That trade will hit if URG manages to take out some near-term overhead resistance at $1.08 with high volume. Traders should now look for long-biased trades in URG as long as it's trending above its 200-day at $1 or above some more near-term support at 96 cents and then once it sustains a move or close above $1.08 with volume that hits near or above 399,831 shares. If that breakout hits soon, then URG will set up to re-test or possibly take out its next major overhead resistance levels at $1.16 to $1.22. Any high-volume move above those levels will then give URG a chance to tag its 52-week high at $1.39.