Today's Volume: 6.1 millionAverage Volume: 2.9 million Volume % Change: 187% >>9 Homebuilder Suppliers Riding the Rebound From a technical perspective, USG is skyrocketing higher here right off its 50-day moving average of $21.28 with monster volume. This move is quickly pushing USG within range of triggering a major breakout trade. That trade will hit once USG manages to clear some near-term overhead resistance levels at $23.34 to $24.23 with high volume. At last check, USG has hit an intraday high of $24.41 and volume is well above its three-month average action of 2,935,330 shares. Traders should now look for long-biased trades in USG as long as it's trending above $23, and then once it sustains a move or close above those breakout levels with volume that hits near or above 2,925,330 shares. If USG can maintain that trend, then this stock will setup to re-test or possibly take out its next major overhead resistance level at $26 to $30.
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