BB's Stock Haven

[BottomBounce]

$CLNE Clean Energy Fuels (CLNE_) provides natural gas as an alternative fuel for vehicle fleets. It designs, builds, operates and maintains fueling stations. This stock closed up 2.1% to $9.05 in Tuesdays trading session.

Tuesday's Range: $8.75-$9.08
52-Week Range: $8.27-$14.48
Tuesday's Volume: 1.13 million
Three-Month Average Volume: 1.71 million

From a technical perspective, CLNE spiked notably higher here with decent upside volume. This stock has started to form a major bottoming chart pattern, with shares finding buying interest over the last month and change at $8.27, $8.46 and $8.57. Shares of CLNE have now started to spike higher off those levels and it's now moving within range of triggering a near-term breakout trade. That trade will hit if CLNE manages to take out its 50-day moving average at $9.30 to some more near-term overhead resistance levels at $9.31 to $9.62 with high volume.

Traders should now look for long-biased trades in CLNE as long as it's trending above those major bottom support levels and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.71 million shares. If that breakout kicks off soon, then CLNE will set up to re-test or possibly take out its next major overhead resistance levels at $9.90 to $10.16. Any high-volume move above those levels will then give CLNE a chance to tag $11 to $11.50. http://www.thestreet.com/story/12671516/2/4-stocks-under-10-making-big-moves.html