This Day On The Street
Continue to site
ADVERTISEMENT
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 Soaring on Big Volume

Select Comfort

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

Get Adobe Flash player

Select Comfort (SCSS - Get Report) is a bed manufacturer and retailer. Select Comfort designs, manufactures, markets and distributes the SLEEP NUMBER bed and other sleep-related products. This stock is trading up 4.8% at $27.82 in recent trading.

Today's Volume: 1.3 million Average Volume: 1.45 million

Volume % Change: 51%

Shares of SCSS are ripping higher today after the International Sleep Products Association, a bedding industry trade group, said that its April Bedding Barometer showed increases in both units sold and sales dollars compared to last year.

From a technical perspective, SCSS is following through here off of a recent double bottom that was hit at $24.27 to $24.33. This move is quickly pushing the stock within range of a near-term breakout trade. That trade will hit once SCSS takes out some near-term overhead resistance at $28.84, and then its 50-day moving average of $30.55 with high-volume.

Traders should now look for long-biased trades once SCSS sustains a move or close above those levels with volume that's near or above 1,445,560 shares. If we get that action soon, look for SCSS to hit $31 to $32.50, or possibly above $34.

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!
SYM TRADE IT LAST %CHG
ACXM $18.33 0.00%
SCSS $34.50 0.00%
RYE $70.80 0.00%
SMTC $23.60 0.00%
AAPL $130.28 0.00%

Markets

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