52-Week Range: $1.65-$7.03
Thursday's Volume: 51,000
Three-Month Average Volume: 78,734 >>5 Stocks With Big Insider Buying From a technical perspective, EDN trended higher here right above some near-term support at $5.30 with lighter-than-average volume. This move is quickly pushing shares of EDN within range of triggering a near-term breakout trade. That trade will hit if EDN manages to take out some near-term overhead resistance levels at $5.93 to $6 with high volume. Traders should now look for long-biased trades in EDN as long as it's trending above some key near-term support levels at $5.30 or at $5, and then once it sustains a move or close above those breakout levels with volume that hits near or above 78,734 shares. If that breakout hits soon, then EDN will set up to re-test or possibly take out its next major overhead resistance levels at $6.43 to its 52-week high at $7.03.