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8 Stocks Ripping Higher on Big Volume


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Innospec (IOSP) develops, manufactures, blends and markets fuel additives, personal care and fragrance products and other specialty chemicals. This stock is trading up 2% at $30.23 in recent trading.

Today's Volume: 148,000

Average Volume: 139,609

Volume % Change: 100%

>>5 Stocks Poised for Breakouts

From a technical perspective, IOSP is moving modestly higher here on above average volume. This move follows some recent momentum for IOSP after the stock ripped back above both its 50-day and 200-day moving averageswith heavy volume.

Traders should now look for long-biased trades as long as IOSP doesn't trade below today's low of $29.70 with high volume. If IOSP can continue to trend above today's low with solid volume, then this stock has a good chance of hitting its next significant overhead resistance levels at $31.79 to $32.46 in the near future.

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