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), Zhongpin (HOGS) and Cree (CREE), check out the Stocks Rising On Unusual Volume portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.
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