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8 Stocks Rising on Unusual Volume

Stock quotes in this article: BVSN, TSLA, QCOR, SHLD, CHKP, HOGS, IPAR, JVA, BABY, MEOH, CEVA 

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Tesla Motors TSLA

This company designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. The stock is trading up 18.5% at $27.02 in recent trading.

Today's Volume: 3,024,000

Average Volume: 1,118,400

Volume % Change: 497%

Shares of TSLA are ripping today after analysts from Goldman Sachs and JPMorgan defended the stock after it dropped sharply on Friday.

From a technical standpoint, TSLA is gapping up huge today with monster volume. This gap up in price has made back most of the losses from last Friday. Traders should now look to get long TSLA if the stock can manage to close back above its 50-day moving average of $27.62 with volume. Look for a high-volume move over the 50-day that registers well above 1.11 million shares in the near future.

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DOW 15,215.38 -91.79 -0.60%
NASDAQ 3,428.40 -34.90 -1.01%
S&P 500 1,637.97 -17.38 -1.05%
US 10 Yr 1.996% -0.030

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