This Day On The Street
Continue to site
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

8 Stocks Soaring Higher With Big Volume

Michael Kors

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

Get Adobe Flash player

Michael Kors (KORS - Get Report) is a designer, marketer, distributor and retailer of women's apparel and accessories and men's apparel bearing the Michael Kors name. This stock is trading up 6% at $55.68 in recent trading.

Today's Volume: 6.2 million

Average Volume: 3.1 million

Volume % Change: 248%

Shares of KORS are ripping higher today after it hiked its fiscal second-quarter and full-year earnings estimates after posting an increase in quarter-to-date comparable store sales.

From a technical perspective, KORS is gapping up sharply higher here with monster volume. This move is quickly pushing KORS within range of triggering a major breakout trade. That trade will hit once KORS manages to clear its all-time high of $56.70 with high volume. At last check, KORS has hit an intraday high of $56.63 and volume is well above its three-month average action of 3.1 million shares.

Traders should now look for long-biased trades as long as KORS is trending above today's low of $54.40, and then once it sustains a move or close above $56.70 with volume that's near or above 3.1 million shares. If that breakout triggers soon, then KORS will have a great chance of hitting $60 to $70. Keep in mind that if KORS triggers that breakout, then the stock will enter all-time high territory, which is bullish technical price action.
7 of 9

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
VPHM $49.96 -0.02%
BODY $0.01 0.00%
AVGO $142.07 0.00%
KORS $51.31 0.00%
KS $14.83 0.00%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs