Cornerstone OnDemand (CSOD) is a global provider of learning and talent management solution delivered as software-as-a-service. The stock is trading up 5.8% at $21.75 in recent trading.
Today's Volume: 355,000Average Volume: 274,288 Volume % Change: 151% From a technical perspective, CSOD is gapping up strong today on above average volume. This move is quickly pushing CSOD within range of triggering a big breakout trade. That breakout will hit once CSOD takes out some near-term overhead resistance at $22.62. Traders should look for long-biased trades off a sustained high-volume move and close over $22.62 and then its all-time high of $23.50. Look for volume on a move above those levels that's near or well above 274,288 shares. If we get that action soon, look for CSOD to hit $25 or higher in the near future.
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