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Expeditors International of Washington(EXPD - Get Report) is engaged in the business of providing global logistics services. The stock is trading up 3.1% at $45.95 in recent trading.
Today's Volume: 2.3 million
Average Volume: 1.55 million
Volume % Change: 126%
From a technical perspective, EXPD has started to trigger a big breakout trade today now that this stock is moving above some near-term overhead resistance at $45 to $45.67 with monster volume.
Traders should continue to look for long-biased trades in EXPD as long as this stock is trending above those key breakout levels with strong upside volume flows. If we get a strong close today, then look for EXPD to re-test its next major overhead resistance levels at $47.444 to $50.50 in the very near future.
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Stocks Rising On Unusual Volume portfolio on Stockpickr.