52-Week Range: $0.78-$3.14
Tuesday's Volume: 410,000
Three-Month Average Volume: 95,671 >>5 Stocks Ready to Break Out From a technical perspective, CREG spiked sharply higher here right above some near-term support at $2.60 with heavy upside volume. This stock has been uptrending strong for the last three months, with shares moving higher from its low of $1.66 to its recent high of $3.16. During that uptrend, shares of CREG have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CREG within range of triggering a major breakout trade. That trade will hit if CREG manages to take out some near-term overhead resistance levels at $3.16 to $3.50 with high volume. Traders should now look for long-biased trades in CREG as long as it's trending above support at $2.60 or above its 50-day at $2.41 and then once it sustains a move or close above those breakout levels with volume that hits near or above 95,671 shares. If that breakout hits soon, then CREG will set up to tag $4 to $5.