7 Stocks Rising on Huge Volume
Yandex
Yandex (YNDX) is a provider of internet services, headquartered in the Russian Federation. The company operates a search engine, yandex.ru. The stock is trading up 2% at $26.56 in recent trading
Today's Volume: 1,166,859
Average Volume: 1.23 million Volume % Change: 170% It looks like this stock is catching a bid today ahead of the much-anticipated Groupon (GRPN) IPO, which is slated for tomorrow. From a technical standpoint, this stock is starting to trade above its 50-day moving average of $26.31 on heavy volume, which is bullish Traders should now look to buy this move as long as the stock closes above the 50-day. One could then add to any long position once the stock breaks out above $29.34 on strong volume. Target a run back towards $32 a share or possibly even higher. Avoid this trade if the stock can maintain a move above the 50-day. >>11 Stocks to Play the Groupon IPOSelect the service that is right for you!
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