This company is a provider of storage and data management solutions. This stock is trading up 7.9% at $37.42 in recent trading.Today's Volume: 15,100,000 Average Volume: 6,982,510 Volume % Change: 156% From a technical standpoint, NTAP is gapping up big today with monster volume back above its 50-day moving average of $36.92. If NTAP can manage to close above $36.92 then traders should look for a breakout trade to trigger once the stock takes out some near-term overhead resistance at $37.44. At last check, NTAP briefly traded above $37.44 today and the volume is off the charts strong at over 15.1 million shares traded. Market player should now watch for a sustained high-volume move and close over $36.92 to $37.44 to trigger a run back towards $38.97, or potentially much higher in the near future. The huge upside volume today would indicate to me that a big spike higher is coming soon for this stock. To see more stocks rising on unusual volume like AMC Networks (AMCX - Get Report), Zhongpin (HOGS) and Cree (CREE - Get Report), check out the Stocks Rising On Unusual Volume portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.
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