Delafield, Wis. ( Stockpickr) -- Professional traders running mutual funds and hedge funds don't just look at a stock's price moves; they also track big changes in volume activity. Often when above-average volume moves into an equity, it precedes a large spike in volatility.>>5 Stocks Poised for Breakouts
Average Volume: 700,684
Volume % Change: 69% >>Invest in Venture Capital's 5 Favorite Stocks From a technical perspective, SSYS is ripping higher here right above its 50-day moving average at $83.69 and breaking out above some near-term overhead resistance at $87.99 with above-average volume. This move is quickly pushing shares of SSYS within range of triggering another major breakout trade. That trade will hit if SSYS manages to take out some near-term overhead resistance levels at $90.50 to $92.90 and then once it clears its all-time high at $94.90 with high volume. Traders should now look for long-biased trades in SSYS as long as it's trending above $87.50, and then once it sustains a move or close above those breakout levels with volume that hits near or above 700,684 shares. If that breakout triggers soon, then SSYS will set up to enter new all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $100 to $110.