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8 Stocks Rising on Unusual Volume

Stocks in this article: TZOOLEAPTSCOSTXVVUSQLIKSAFMCLNE

Leap Wireless International

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Leap Wireless International (LEAP) is a wireless communications carrier that offers digital wireless services in the U.S. under the Cricket brand. The stock is trading up 9.8% at $10.18 in recent trading.

Today's Volume: 1.99 million

Average Volume: 2.1 million

Volume % Change: 76%

From a technical standpoint, LEAP has started to flirt with a big breakout today above $10.04 and $10.35 on decent volume. Market players should now watch for a sustained high-volume move and close above those levels to signal that this stock wants to re-test its 200-day moving average of $11.32.

Look for volume that's above 2.08 million to signal that the 200-day is next to get hit for LEAP. Any high-volume move above the 200-day should then be considered very bullish price action.

Leap is rated D sell by TheStreet Ratings.

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