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7 Stocks Surging on Unusual Volume

GSV Capital

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GSV Capital (GSVC - Get Report) is an externally managed, non-diversified closed-end management investment company. This stock is trading up 3.8% at $15.01 in recent trading

Today's Volume: 161,000

Average Volume: 105,656

Volume % Change: 183%

This stock is ripping higher today on solid volume after Barron's wrote a favorable article on how the stock is an interesting play on promising IPOs. I also featured the stock in October in " 11 Stocks to Play the Groupon IPO."

From a technical standpoint, this stock has started to trigger a big breakout today now that shares have cleared some overhead resistance at $15 on high volume. Market players should now watch for a sustained move and close today above $15. If we get that action, then I expect this stock to challenge its nearest overhead resistance level at $17.23 at the minimum.
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SYM TRADE IT LAST %CHG
ASCA $0.00 0.00%
CNQR $128.78 -0.02%
CSOD $36.16 1.29%
GSVC $8.78 1.97%
TNGO $7.63 1.73%

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

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