Stock Under $10 with 50-100% upside potential - 14 Days FREE!

8 Stocks Spiking on Unusual Volume

Stock quotes in this article: OSIR, ITRI, YNDX, GRPN, ICLR, EBAY, ACIW, BVSN 

BroadVision

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BroadVision (BVSN) is a provider of electronic commerce business solutions. It delivers a combination of technologies and services into the global market. This stock is trading up 9% at $13.60 in recent trading.

Today's Volume: 553,000

Average Volume: 330,464

Volume % Change: 261%.

>>5 Stocks Under $10 Poised for Breakouts

From a technical perspective, BVSN is ripping higher here with above average volume. This move is coming off extremely oversold conditions that were created once BVSN plunged from its March high of $56.46 to a recent low of $9.51. That massive selloff pushed this stock into oversold territory with its RSI reading coming in at below 30 since mid-May.

Traders should now look for long-biased trades once BVSN triggers a near-term breakout trade. That trade will hit once BVSN takes out some near-term overhead resistance at $14.99 with high volume. Look for a sustained move or close above $14.99 with volume that's near or above 330,464 shares. If we get that action soon, then look for BVSN to tag its 50-day moving average of $18.29 in the near future.

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