Today's Volume: 291,000
Average Volume: 99,656
Volume % Change: 375%
From a technical perspective, SAM is ripping higher here with above-average volume. This move has started to push SAM into major breakout territory, since the stock has moved above some key overhead resistance levels at $111.82 to $113.71 and above more resistance at $115.86.Traders should now look for long-biased trades in SAM as long as it's trending above $113.71 to $115.86 with strong upside volume flows. I would consider any upside volume day that registers near or above 99,656 shares as bullish. If SAM can maintain that trend, especially its trend above $115.86, and then this stock has a great chance to make a run at its 52-week high of $128.07. To see these stocks in action, check out the Most-Active Stocks portfolio on Stockpickr.
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