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

7 Stocks Ripping Higher With Big Volume

AFC Enterprises

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

Get Adobe Flash player

AFC Enterprises (AFCE) develops, operates, and franchises quick-service restaurants under the trade names Popeyes Chicken & Biscuits and Popeyes Louisiana Kitchen. This stock is trading up 5.2% at $22.78 in recent trading.

Today's Volume: 193,000

Average Volume: 93,375

Volume % Change: 230%

From a technical perspective, AFCE is ripping higher here with above-average volume. This move has pushed AFCE into breakout territory, since the stock has moved above some near-term overhead resistance at $22.59.

>>4 Stocks Poised to Break Out

Traders should continue to look for long-biased trades as long as AFCE is trending above $22 to $22.59 with strong upside volume flows. I would consider any upside volume day that registers near or above 93,375 shares as bullish. If we continue to see that action, then AFCE should trade north of $25 in the near future.

On the flipside, any high-volume move below some near-term support at $20.36 to $20.21, and then below its 50-day moving average at $19.21 would have me looking for short-biased trades.

2 of 8

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
NWSA $15.53 0.00%
ROSG $3.72 0.00%
ROLL $75.35 0.00%
STRA $53.40 0.00%
STX $58.34 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