Ascena Retail Group
Ascena Retail Group (ASNA - Get Report) operates as a specialty retailer of apparel for women and tween girls in the U.S., Puerto Rico and Canada. The stock is trading up 5.8% at $41.22 in recent trading.
Today's Volume: 2.3 millionAverage Volume: 772,646 Volume % Change: 486% >>5 Stocks Setting Up to Break Out From a technical perspective, ASNA is gapping up big today on monster volume, and it's breaking out above some near-term overhead resistance at $39.28. Traders should now look for a strong close that's near its daily highs of $43, or at the least comfortably above that breakout. If we get that action, then traders should continue to look for long biased trades as long as ASNA doesn't move back below today's low of $40.56. Follow @stockpickr