Top High Dividend Stocks To Own Right Now: Ion Geophysical Corporation (IO)
ION Geophysical Corporation provides planning and seismic processing services, software, and acquisition equipment to the energy industry worldwide. Its Solutions segment provides seismic data processing services for marine and land environments, reservoir solutions, onboard processing and quality control, and seismic data libraries, as well as services to manage the seismic process that comprise survey planning and design, data acquisition and management, pre-processing, and final subsurface imaging. The companys Systems segment offers DigiSTREAMER system, a towed streamer; redeployable ocean bottom cable seismic data acquisition systems; shipboard recorders; DigiCOURSE, a marine streamer positioning system; DigiFIN streamer control systems; source and source control systems, such as air guns; and analog geophone sensors. Its Software segment provides software systems and services comprising Orca, a command and control software for towed streamer acquisition; Gator, an integrated navigation and data management software system for multi-vessel ocean bottom cable and transition zone operations; and post-survey tools, including Reflex software for seismic coverage and attribute analysis, as well as Optimiser, a technology planning tool. This segment also offers consulting services for planning, designing, and supervising surveys, including 4D and WATS survey operations. ION Geophysical Corporation also offers cable-based, cable less, and radio-controlled seismic data acquisition systems; digital sensors; vibroseis vehicles, such as vibrator trucks; and source controllers for detonator and energy sources. The company was formerly known as Input/Output, Inc. ION Geophysical Corporation was founded in 1968 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Industrials sector surged 0.85 percent, saw Arrowhead Research (NASDA! Q: ARWR) as the top gainer. Meanwhile, other gainers in the sector included ION Geophysical (NYSE: IO), with shares up 6.1 percent, and China Distance Education Holdings (NYSE: DL), with shares up 5 percent. In trading on Wednesday, technology shares gained by just 0.28 percent. - [By Roberto Pedone]
ION Geophysical (IO) is a technology-focused seismic solutions company that provides advanced seismic data acquisition equipment, seismic software and seismic planning, processing and interpretation services to the global energy industry. This stock closed up 3.7% to $6.38 in Thursday's trading session.
Thursday's Range: $6.25-$6.43
52-Week Range: $5.52-$7.87
Thursday's Volume: 1.38 million
Three-Month Average Volume: 945,989From a technical perspective, IO gapped higher here back above its 50-day moving average at $6.14 with above-average volume. This stock has been trending sideways for the last four months, with shares moving between $6.90 on the upside and $5.55 on the downside. This move today is now starting to push shares of IO within range of triggering a breakout trade above the upper-end of its recent sideways trading chart pattern. That trade will hit if IO manages to take out some key overhead resistance levels at $6.45 to $6.70 and then once it clears more resistance at $6.90 with high volume.
Traders should now look for long-biased trades in IO as long as it's trending above its 50-day at $6.14 or above more support at $5.95 and then once it sustains a move or close above those breakout levels with volume that hits near or above 945,989 shares. If that breakout hits soon, then IO will set up to re-test or possibly take out its next major overhead resistance levels at $7.25 to $7.70. Any high-volume move above those levels will then put its next major overhead resistance levels at $8 to $8.79 into range for shares of IO.
- [By Roberto Pedone]
ION Geophysical (IO) is a technology-focused seismic solu! tions com! pany that provides advanced seismic data acquisition equipment, seismic software and seismic planning, processing and interpretation services to the global energy industry. This stock closed up 1.7% to $5.35 in Tuesday's trading session.
Tuesday's Range: $5.22-$5.38
52-Week Range: $4.59-$7.70
Thursday's Volume: 1.14 million
Three-Month Average Volume: 1.12 millionFrom a technical perspective, IO rose modestly higher here right of some near-term support at $5.20 with above-average volume. This stock recently gapped up sharply from around $4.80 to $5.52 with strong upside volume. Following that move, shares of IO pulled back to $5.20 and the stock has now started to trend into its 50-day moving average of $5.36. That move is quickly pushing shares of IO within range of triggering a near-term breakout trade. That trade will hit if IO manages to take out some near-term overhead resistance levels at Tuesday's high of $5.38 to more resistance at $5.52 with high volume.
Traders should now look for long-biased trades in IO as long as it's trending above $5.20 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.12 million shares. If that breakout triggers soon, then IO will set up to re-test or possibly take out its next major overhead resistance levels at $6 to its 200-day moving average at $6.20. Any high-volume move above $6.20 will then put $6.50 to $6.70 into range for shares of IO.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-high-dividend-stocks-to-own-right-now-4.html
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