Wabash National Corp. (NYSE: WNC): traded higher by 15.29% or $1.495/share to $11.28. In the past year, the shares have traded as low as $4.22 and as high as $11.99. On average, 1112680 shares of WNC exchange hands on a given day and today's volume is recorded at 1683408. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $10.29 area where the stock will likely see buying pressure.
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA): traded higher by 13.59% or $0.409/share to $3.42. In the past year, the shares have traded as low as $1.21 and as high as $3.19. On average, 5663820 shares of ARNA exchange hands on a given day and today's volume is recorded at 17818662. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $1.91 area where the stock will likely see buying pressure.
Molycorp, Inc. (NYSE: MCP): traded higher by 8.08% or $2.4/share to $32.11. In the past year, the shares have traded as low as $23.05 and as high as $79.16. On average, 4218530 shares of MCP exchange hands on a given day and today's volume is recorded at 2615317. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $32.26 represents resistance and the 50-day moving average of $27.79 would be an area of support.
E-Commerce China Dangdang Inc. (NYSE: DANG): traded higher by 6.70% or $0.5/share to $7.96. In the past year, the shares have traded as low as $4.11 and as high as $26.40. On average, 2668600 shares of DANG exchange hands on a given day and today's volume is recorded at 2361966. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $6.94 area where the stock will likely see buying pressure.
CIENA Corp. (NASDAQ: CIEN): traded higher by 5.39% or $0.86/share to $16.82. In the past year, the shares have traded as low as $9.89 and as high as $28.78. On average, 5065500 shares of CIEN exchange hands on a given day and today's volume is recorded at 1414213. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $15.61 area where the stock will likely see buying pressure.
