This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 Stocks Rising on Big Volume


Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Groupon (GRPN - Get Report) is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. This stock is trading up 7.9% at $12.50 in recent trading.

Today's Volume: 4.4 million

Average Volume: 3.2 million

Volume % Change: 108%

From a technical perspective, GRPN is ripping significantly higher here on above average volume. This move is quickly pushing GRPN within range of triggering a near-term breakout trade. That trade will hit once GRPN takes out some near-term overhead resistance at just above $13, and then its 50-day moving average of $13.71 with high-volume.

Traders should look for long-biased trades if GRPN can trigger that move on volume that's near or above 3,191,230 shares. If we get that action soon, then GRPN will have a great chance of challenging and possibly taking out some major overhead resistance at $14.93.

On the flipside, I would look for short-biased trades if GRPN fails to sustain a move or close above its 50-day at $13.71.

I also featured Groupon, one of Maverick Capital's holdings, last week in " 8 Stocks Set to Soar off Facebook's IPO."

8 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
VMED $0.00 0.00%
BMRN $120.28 0.00%
GRPN $7.12 0.00%
LOGI $15.01 0.00%
NDAQ $48.57 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs