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MagicJack VocalTec(CALL - Get Report) is a provider of carrier-class voice over Internet protocol (VoIP) and convergence solutions for fixed and wireless communication service providers. This stock is trading up 3.4% at $23.69 in recent trading.
Today's Volume: 358,000
Average Volume: 416,911
Volume % Change: 58%
From a technical perspective, CALL is continuing to tend higher after it recently found some buying interest right near its 50-day moving average of $21.79, and right off some previous support at $22.25.
Traders should now consider long-biased trades in CALL if this stock can manage to close near its daily highs, and trigger a near-term breakout trade over $24.18. Look for a sustained move and close over $24.18 that comes on volume that's near or well above 416,911 shares. If we get that action soon, look for CALL to make a run at its recent high of $28.22 in the near future.
To see more stocks rising on unusual volume, check out the
Stocks Rising On Unusual Volume portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.