Today's Volume: 3.6 millionAverage Volume: 2.2 million Volume % Change: 280% Shares of TiVo are ripping higher today after an article in Barron's made the case that it is undervalued and could be a takeover target. The article said that TIVO could be an attractive buyout target for Google (GOOG), Microsoft (MSFT) and others with possible deal price in the mid-$20s. >>5 Big Stocks to Trade for February Gains From a technical standpoint, TiVo is gapping up strong today and breaking out above some past overhead resistance at $11.27 to 11.333 on heavy volume. Market players should now watch for the next breakout to trigger once TiVo takes out $12.65 with volume. Look for volume that's near or above 2,244,710 shares if $12.65 is taken out on a closing basis. If we get that action, then TiVo will have a have a chance to fill a big gap down in price from $17.
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