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TheStreet Open House

8 Stocks Rising on Huge Volume

Fuel Systems Solutions

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Fuel Systems Solutions (FSYS) designs, manufactures and supplies alternative fuel components and systems for use in the transportation and industrial markets. This stock is trading up 7.7% at $27.84 in recent trading.

Today's Volume: 485,000

Average Volume: 377,485

Volume % Change: 101%

From a technical perspective, FSYS is spiking sharply higher today on heavy volume. This move is quickly pushing FSYS within range of triggering a major breakout. That breakout will hit once FSYS can take out some near-term overhead resistance at $28.11 to $29.41 with strong volume. A sustained high-volume move and close above those levels should set this stock up for more upside.

Look for volume that's near or well above 377,485 shares. Traders should continue to look for long biased trades in FSYS in anticipation of that breakout, and get even more bullish on a high-volume move above its next major overhead resistance level at $30.60.

Fuel Systems shows up on a recent list of 10 Small-Cap Stocks Poised to Rise.

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