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8 Stocks Rising on Huge Volume

Alnylam Pharmaceuticals

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Alnylam Pharmaceuticals (ALNY) is a biopharmaceutical company developing therapeutics based on ribonucleic acid interface. The stock is trading up 11.2% at $12.21 in recent trading.

Today's Volume: 2.6 million

Average Volume: 357,645

Volume % Change: 912% From a technical perspective, ALNY is bouncing huge off of some near-term support today at $10.97 on monster volume. This bounce has taken the stock up over 10% and so far shares are holding the gains.

Traders should now look for long-biased trades in ALNY if this stock can manage to close near its daily highs. If we get that action, then look for ALNY to re-test its recent high of $13.25. Any future high-volume move over $13.25 would trigger the next major breakout for ANLY.

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