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Friday, June 28, 2013

Top Gainers: (NASDAQ: ABFS), (NYSE: INVN), (NASDAQ: XONE), (NYSE: DAN), (NYSE: TAHO)

NASDAQ (NASDAQ: ABFS): traded higher by 14.96% or $2.99/share to $22.98. In the past year, the shares have traded as low as $6.43 and as high as $18.18. On average, 313170 shares of ABFS exchange hands on a given day and today's volume is recorded at 858088. 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 $11.48 area where the stock will likely see buying pressure.

NYSE (NYSE: INVN): traded higher by 8.52% or $1.2401/share to $15.80. In the past year, the shares have traded as low as $9.09 and as high as $15.96. On average, 2002050 shares of INVN exchange hands on a given day and today's volume is recorded at 3249220. 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 $13.16 area where the stock will likely see buying pressure.

NASDAQ (NASDAQ: XONE): traded higher by 8.12% or $4.79/share to $63.76. In the past year, the shares have traded as low as $23.50 and as high as $37.57. On average, 756092 shares of XONE exchange hands on a given day and today's volume is recorded at 312240. 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 $31.54 area where the stock will likely see buying pressure.

NYSE (NYSE: DAN): traded higher by 7.91% or $1.44/share to $19.65. In the past year, the shares have traded as low as $11.13 and as high as $19.50. On average, 2103710 shares of DAN exchange hands on a given day and today's volume is recorded at 2610277. 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 $18.39 area where the stock will likely see buying pressure.

NYSE (NYSE: TAHO): traded higher by 7.85% or $0.95/share to $13.05. In the past year, the shares have traded as low as $11.81 and as high as $22.33. On average, 117189 shares of TAHO exchange hands on a given day and today's volume is recorded at 27306. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $14.28 area but be careful because the stock may face selling pressure at this level.