Body Central (BODY) is a specialty retailer of young women's apparel and accessories operating retail stores in the South, Mid-Atlantic and Midwest regions of the U.S. The stock is trading up 6% at $22 in recent trading
Today's Volume: 162,000Average Volume: 179,674 Volume % Change: 64% This stock is spiking nicely higher today after the company reported that net revenues for the third quarter jumped by 17.9% to $67.1 million, which was well above $56.9 million for the same quarter last year. From a technical standpoint, this stock is bouncing hard off its 200-day moving average of $20.65 today on high-volume. The stock has also started to challenge two key breakout levels during intraday trading, at $21.49 and $22.08. >>Does Technical Trading Really Work? Market players should now watch for a sustained move and close above both of those levels to indicate a much bigger move higher is in the cards. If we see a high-volume close above those levels and today's high of $22.95, then look for this stock to setup to challenge its next significant resistance levels at $24.43 and $26.30.