7 Stocks Climbing on High Volume
Citi Trends (CTRN)
This company is a retailer of urban fashion apparel and accessories for the entire family. This stock is trading up 8.7% at $11.79 in recent trading.
Today's Volume: 98,000 Average Volume: 73,337 Volume % Change: 96% Shares of CTRN are soaring today ahead of its earnings report scheduled for Wednesday before the market open. From a technical perspective, CTRN is ripping higher here right off its 50-day moving average of $11.11 on decent volume. The stock has also triggered a breakout trade since it's taken out some near-term overhead resistance at $11.59. Traders should now look for long-biased trades after CTRN reports earnings if the stock can manage to trigger a major breakout trade. That trade will hit once CTRN sustains a high-volume move or close above $12.50 to $13.37. Look for volume on that move that's near or above 73,337 shares. If we get that action, then CTRN could hit $15 post-earnings.Select the service that is right for you!
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