Ameristar Casinos (ASCA) is a developer, owner and operator of casino entertainment facilities in local and regional markets. The stock is trading up 5.3% at $21.49 in recent trading.
Today's Volume: 1.16 milionAverage Volume: 226,675 Volume % Change: 699% From a technical perspective, ASCA is gapping up big today and breaking out above some near-term overhead resistance at $21 with heavy volume. That said, the stock is trading well off its daily high of $23.41, which could mean this gap up isn't going to last for long. Traders should only look for long biased trades in ASCA if the stock is trending above that key $21 breakout level, and they should look for short biased trades on any high-volume break below $21. Ameristar is one of the highest-yielding leisure stocks. Follow @stockpickr