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8 Stocks Soaring Higher With Big Volume

KapStone Paper and Packaging

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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: 544,000

Average 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.

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SYM TRADE IT LAST %CHG
VPHM $49.96 -0.02%
BODY $0.14 16.67%
AVGO $117.04 -2.60%
KORS $62.78 -0.38%
KS $28.00 -0.39%

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