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Nu Skin Enterprises(NUS) is a global direct selling company that develops and distributes personal care products and nutritional supplements that are sold worldwide under the Nu Skin and Pharmanex brands and a small number of other products and services. This stock is trading up 3.2% at $57.79 in recent trading.
Today's Volume: 1.3 million
Average Volume: 530,798
Volume % Change: 260%
From a technical perspective, NUS is tagging new
52-week highs today on monster volume, and it's following through on a recent breakout above $54.
Traders should continue to look for long biased trades in NUS if it can manage to close near its daily highs today. At last check, that high is $58.91. If we get a strong close, then look for this stock to make a run at $60 and higher in the near future.
To see more stocks rising on unusual volume, check out the
Stocks Rising On Unusual Volume portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.