8 Stocks Soaring on Big Volume
Pretium Resources (PVG) engages in the acquisition, exploration, and development of precious metal resource properties in the Americas. This stock is trading up 3.8% at $14.69 in recent trading.
Today's Volume: 94,000Average Volume: 124,740 Volume % Change: 50% >>5 Rocket Stocks to Buy for Fall Gains From a technical perspective, PVG is ripping higher here back above both its 50-day at $14.38 and its 200-day at $14.47 with decent volume. This move is quickly pushing PVG within range of triggering a major breakout trade. That trade will hit once PVG takes out some near-term overhead resistance levels at $15.14, and then $15.91 to $15.96 with high volume. Traders should now look for long-biased trades in PVG as long as it's trending above $14.38, and then once it sustains a move or close above those breakout levels with volume that's near or above 124,740 shares. If that breakout triggers soon, then PVG will have an excellent chance of re-testing or possibly taking out its next major overhead resistance levels at $16.99 to $18.
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