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 Rocket Stocks to Buy for Earnings Season
Three-Month Average Volume: 253,763
Volume % Change: 140% >>4 Industrial Goods Stocks Spiking Higher From a technical perspective, ZOLT soared higher here right above its 50-day moving average at $13.23 with above-average volume. This stock also entered breakout territory, since the stock took out some near-term overhead resistance at $14.43. This breakout is significantly, since shares of ZOLT had been trending range bound for four months, with shares moving between $12 on the downside and just over $14 on the upside. Traders should now look for long-biased trades in ZOLT as long as it's trending above $14.43 or $14 and then once it sustains a move or close above Monday's high at $15.50 with volume that hits near or above 253,763 shares. If we get that move soon, then ZOLT will set up to enter new 52-week-high and three-year-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $20 to $22. Kulicke and Soffa Industries Kulicke and Soffa Industries ( KLIC) designs, manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices. This stock closed up 5.7% at $11.77 in Monday's trading session.