A Healthy Breakout

March 26th, 2014
in contributors

Look At This Stock - VTNR

by Jeff Pierce, Zentrader

This low volume stock could be one to watch as it ran up before earnings and after releasing them today it's held it's ground. I like this breakout with the strong move and if you are one to trade lower volume equities then this could be for you.

Follow up:

I'm using an intraday 60 minute chart to show that even though it's corrected off the highs in what would seem like a big move, it's really not. What this stock is doing is correcting intraday and removing any real overbought state during the trading session. I actually think based on how it's trading it's already corrected enough intraday that this could keep going higher. If it does have one more push lower then I think $5.50 could be the low before it moves higher.


Editor's note: Wednesday (26 March) saw a dip to $5.75 and a close at $5.92.

From Yahoo Finance:

Vertex Energy, Inc., an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste streams, as well as off specification commercial chemical products.

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved