Focus Media (FMCN) operates an interactive digital media network. Focus Media offers interactive digital media platforms aimed at Chinese consumers. This stock is trading up 6.2% at $26.06 in recent trading.
Today's Volume: 1.9 millionAverage Volume: 2.5 million Volume % Change: 72% From a technical perspective, FMCN has started to move above its 200-day moving average of $25.91 today on decent volume. Market players should now look for long biased traders as long as FMCN is trending above that 200-day. The next big breakout trade will trigger once FMCN takes out some near-term overhead resistance at $28.60 with volume. Look for a sustained high-volume move and close over $28.60 to signal that FMCN warts to re-test its next significant overhead resistance level at $33. Look for volume on that move that's near or above 2.5 million shares. Follow @stockpickr