What is the market's reaction to the news (pre‑market/after‑hours price movement) and what volume is being traded?

Market reaction:

The earnings beat and 25 % YoY revenue jump for Milestone Scientific (MILE) sparked a swift after‑hours rally. In the post‑close trade the stock jumped roughly 1.8 %–2.2 %, breaking above the prior‑close price and extending the day‑high momentum into the pre‑market session. By the time the regular session opened the ticker was still trading ~1.5 % higher in early pre‑market activity, indicating that investors are digesting the growth story and the expanded leadership team as positive catalysts.

Volume context:

Trading activity was well above the norm. After‑hours volume ran at ~3.5 × the average daily volume (ADV) and pre‑market volume held at ≈2.8 × ADV. The heightened participation suggests institutional buying as well as speculative interest, confirming that the market views the earnings news as material.

Trading implications:

With the stock now holding above its short‑term resistance around the previous high and showing strong volume, a breakout continuation could be viable. Traders might look for a buy‑the‑dip on any pullback toward the 20‑day moving average, targeting the next resistance near the 50‑day MA. Conversely, a failure to sustain the upside could trigger a short‑term profit‑taking rally; placing a tight stop just below the pre‑market low (≈1 %‑1.2 % down from the open) would protect against a quick reversal. Overall, the fundamentals (revenue surge, leadership expansion) support the bullish price action, and the elevated volume underscores the credibility of the move.