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8 Stocks Rising on Monster Volume

Hollysys Automation Technologies

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Hollysys Automation Technologies (HOLI) is a provider of automation and control technologies and applications in the People's Republic of China. This stock is trading up 6.3% at $10.50 in recent trading.

Today's Volume: 644,000

Average Volume: 213,748

Volume % Change: 356%

>>5 Chinese Stocks With Breakout Potential

From a technical perspective, HOLI is starting to trigger a major breakout trade today now that this stock is moving above some near-term overhead resistance at $10.29 with big volume.

Traders should now watch for a sustained high-volume move and close above $10.29 and near its daily high of $10.66 to signal that HOLI wants to trend much higher. If we get that close today, then look for HOLI to re-test its next significant overhead resistance levels at $11.54 to $12.45 in the near future.

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