This Day On The Street
Continue to site
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

4 Stocks Soaring on Monster Volume

IberiaBank

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

Get Adobe Flash player

IberiaBank (IBKC - Get Report) offers a range of commercial, consumer, mortgage and private banking products and services and cash management, deposit and annuity products and investment brokerage services. This stock is trading up 7.9% at $48.76 in recent trading.

Today's Volume: 550,000

Average Volume: 173,089

Volume % Change: 674%

This stock is ripping to the upside today after the company reported net income of $21 million and fully diluted earnings per share of 73 cents per share, up 71% versus the second quarter of 2012.

>>5 Big Trades From the Financial Sector

From a technical perspective, IBKC is gapping sharply higher here back above its 50-day at $46.81, and right into its 200-day at $49.34 with above-average volume. This move is quickly pushing IBKC within range of triggering a near-term breakout trade. That trade will hit once IBKC manages to take out some near-term overhead resistance at $49.57 with high volume.

Traders should now look for long-biased trades in IBKC as long as its trending above its 50-day, and then once it sustains a move or close above $49.34 to $49.57 with volume that hits near or above 173,089 shares. If that breakout triggers soon, then look for IBKC to re-test or possibly take out its next major overhead resistance levels at $51.50 to $51.87, and possibly even $53.21.
3 of 5

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
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
SYM TRADE IT LAST %CHG
FB $94.02 -1.20%
IBKC $64.49 -0.48%
MM $1.72 -0.29%
SEP $48.66 -1.70%
AAPL $121.55 -0.67%

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs