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Web.com(WWWW) is a provider of Internet services and online marketing solutions that enable small businesses to build and maintain an effective online presence. This stock is trading up 7.72% at $14.38 in recent trading.
Today's Volume: 654,000
Average Volume: 250,558
Volume % Change: 349%
Shares of WWWW are ripping higher today after the company swung to a fourth-quarter profit as revenue nearly doubled and as a tax benefit boosted results.
From a technical perspective, WWWW is gapping higher today on big volume and breaking out above some past overhead resistance at $12.85 to $13.71.
Traders should continue to look for long-biased trades in WWWW as long as it can manage to close above those breakout levels at $12.85 to $13.71 and not far off its daily high of $14.90. If we get that action, look for WWWW to re-test its next significant overhead resistance level at $16.01 in the very near future.