This is a provider of on-demand e-mail marketing, social media marketing, event marketing and online survey solutions for small organizations, including small businesses, associations and non-profits. The stock is trading up 15% at $30.10 in recent trading.Today's Volume: 3,150,000 Average Volume: 518,777 Volume % Change: 586% Shares of CTCT are soaring today after Barrington raised its target on the stock to $40 from $30 after the company reported stronger than expected fourth quarter results. From a technical standpoint, CTCT triggered a major breakout trade today once the stock cleared some near-term overhead resistance at $27.67 on monster volume. Traders should now look for this stock to consolidate some of today's gains, before it can setup to make a run at its 2011 high of $36.33. The next major breakout trade for this stock will trigger once it takes out $32 with volume. Look for volume over that level that tracks in near or above 518,777 shares.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts