This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

4 Stocks Making Big-Volume Moves

Stocks in this article: GHDX DFRG FOSL ICUI

Fossil

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

Get Adobe Flash player

 

Fossil (FOSL) is a global design, marketing and distribution company that specializes in consumer fashion accessories. This stock closed up 7.3% to $91.31 on Tuesday.

 

Tuesday's Volume: 2.1 million

 

Average Volume: 1.1 million

 

Volume % Change: 85%

 

Shares of FOSL ripped higher on Tuesday after Citigroup upgraded the stock to buy from neutral with $100 price target. The firm said Fossil's valuation should increase as investors become more confident in the company's outlook.

 

From a technical perspective, FOSL trended up and moved back above its 50-day moving average of $86.78 with above-average volume. This move is quickly pushing FOSL within range of triggering a major breakout trade. That trade will hit once FOSL manages to take out some near-term overhead resistance levels at $93.69 to $94.84 with high volume.

 

Traders should now look for long-biased trades in FOSL as long as it's trending above some near-term overhead resistance at $89.56, and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.1 million shares. If FOSL triggers that breakout soon, then this stock will have a great chance to re-fill some of its previous gap from May that started at around $125.

 

4 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs