Francesca's (FRAN) operates a national chain of retail boutiques designed and merchandised. Its Francesca's collections are a specialty retailer in the U.S. This stock is trading up 4.8% at $31.20 in recent trading.
Today's Volume: 871,000Average Volume: 569,419 Volume % Change: 137% From a technical perspective, FRAN is ripping here and starting to flirt with a near-term breakout trade above some overhead resistance at $31.31 with above-average volume. Traders should continue to look for long-biased trades if FRAN can manage to close above $31.21. If we get that action today, then look for FRAN to trigger an even bigger breakout trade if it can take out some more near-term overhead resistance at $32.92 to $33.93 with high-volume. Look for a sustained move or close above those levels on volume that's near or well above 569,419 shares. If we get that action soon, it will mean that FRAN is trading in all-time high territory, and should trend much higher in the near-term. 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.
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