8 Stocks Soaring Higher With Big Volume
KapStone Paper and Packaging
KapStone Paper and Packaging (KS - Get Report) is an integrated manufacture and sale of unbleached kraft paper and corrugated products for industrial and consumer markets. This stock is trading up 8% at $20.93 in recent trading.
Today's Volume: 544,000Average Volume: 257,912 Volume % Change: 287% From a technical perspective, KS is gapping sharply higher here with heavy volume. This move is quickly pushing KS within range of triggering a near-term breakout trade. That trade will hit once KS manages to clear some near-term overhead resistance at $21.37 with high volume. Traders should now look for long-biased trades in KS once it sustains a move or close over $21.37 with volume that's near or above 257,912 shares. If that breakout triggers soon, then KS will have a great chance of hitting $25 or higher in the near future.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts