7 Stocks Rising on Huge Volume
ServiceSource International
ServiceSource International (SREV) is engaged in service revenue management, providing solutions that drive renewals of maintenance, support and subscription agreements for technology companies. The stock is trading up 10% at $14.17 in recent trading.
Today's Volume: 1,780,000
Average Volume: 717,517 Volume % Change: 315% This stock is spiking big today after the company reported better-than-expected results for the third quarter. ServiceSource reported third-quarter revenue of $51.5 million, which was well above Wall Street estimates of $48.5 million. From a technical standpoint, this stock is triggering a breakout today now that it has started to move above some past overhead resistance at $13.73 and above its 50-day moving average of $14.04 on monster volume. >>5 Stocks Setting Up to Break Out Traders should now watch for a sustained move and close over both of those levels to set this stock up to re-test its next significant overhead resistance at $15.42. If $15.42 is then taken out with volume, look for this stock to setup for a run towards $17.50 to $20 a share.Select the service that is right for you!
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