7 Stocks Surging on Big Volume

Synacor

Synacor (SYNC) is a provider of solutions for delivery of online content and services. This stock is trading up 6.4% at $11.95 in recent trading.

Today's Volume: 599,000

Average Volume: 610,758

Volume % Change: 52%

From a technical perspective, SYNC has started to flirt with a major breakout trade today, since the stock has briefly moved above some near-term overhead resistance at $11.89 with decent volume. At last check, SYNC has hit an intraday high of $12.50, but it has since pulled back to just under $12.

Traders should continue to look for long-biased trades as long as SYNC is trending above $11.89 and today's high of $12.50 with strong upside volume flows. I would consider any upside volume day that's near or above 610,758 shares as bullish. If we continue to see SYNC trending above those levels, then this stock has a great chance of re-testing its all-time high of $13.60, and potentially trending even higher.

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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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.

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