Shutterfly (SFLY - Get Report) is an Internet-based social expression and personal publishing service that enables consumers to share, print and preserve their memories its technology, manufacturing, Web-design and merchandising capabilities. This stock is trading up 1.5% at $31.12 in recent trading.
Today's Volume: 810,000Average Volume: 914,202 Volume % Change: 99% >>5 Rocket Stocks to Buy This Week From a technical perspective, SFLY is bouncing here right off its 50-day moving average of $30.55 with decent volume. That bounce has briefly pushed SFLY above some near-term overhead resistance at $32. At last check, SFLY has hit an intraday high of $32.25 but it has subsequently pulled back to around $31. Traders should now look for long-biased trades as long as SFLY can hold a trend above its 50-day, and once it breaks out today's high of $32.25 with high volume. Look for a sustained move or close above $32.25 with volume that's near or above 914,202 shares. If that breakout triggers soon, then look for SFLY to re-test and possibly take out its next major overhead resistance levels at $33.74 to $34.28.