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

3 Tech Stocks Soaring on Big Volume

Acme Packet

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

Get Adobe Flash player

Acme Packet (APKT) provides session delivery network solutions, which enable the delivery of voice, video, data and unified communications services and applications across Internet Protocol networks. This stock is trading up 5.9% at $18.94 in recent trading.

Today's Volume: 2.85 million

Average Volume: 2.6 million

Volume % Change: 77%

>>4 Tech Stocks Set to Shine

From a technical perspective, APKT is ripping higher here with above average volume, and it's started to enter breakout territory above some near-term overhead resistance at $17.96.

Traders should now look for long-biased trades as long as APKT is trending above its 50-day at $17.12 with strong upside volume flows. I would consider any upside volume day that registers near or above 2,638,970 shares as bullish. If APKT can hold this breakout, then this stock has a great chance of re-testing and possibly taking out its next significant overhead resistance levels at $22.41 to $25.

On the flip side, I would avoid this stock or look for short-biased trades if APKT fails to hold this breakout, and then drops back below some major near-term support at $16.30.

2 of 4

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
GOOG $565.06 3.30%
SSYS $51.28 -6.04%
AAPL $130.28 0.47%
FB $81.53 -1.07%
TSLA $218.42 -0.08%

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