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5 Tech Stocks Rising on Big Volume


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Apple (AAPL - Get Report) is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. This stock is trading up 4.8% at $660.80 in recent trading.

Today's Volume: 10 million

Average Volume: 14.3 million

Volume % Change: 55%

>>4 Stocks to Buy and Forget for 4 Years

From a technical perspective, AAPL is rebounding today after the stock sold off sharply yesterday from an all-time high print of $674.88. At last check, AAPL has hit an intraday low of $648.11 and volume is tracking in just 4 million shares below its three-month average volume of 14.3 million shares.

Traders should now look for long-biased trades as long as AAPL can hold its trend above today's low of $648.11 with strong upside volume flows. I would consider any upside volume day that registers near or above 14,277,900 shares as bullish. If AAPL can hold that trend, then this stock has a great chance of re-testing and taking out its all-time high of $674.88 very soon. A possible near-term target for AAPL if it takes out that all-time high with volume is $700 to $720.

Apple shows up on a recent list of 4 Tech Stocks Set to Shine.
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AAPL $93.74 0.00%
AZPN $38.03 0.00%
ELLI $83.60 0.00%
SFLY $45.98 0.00%
SOHU $44.93 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

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