4 Stocks Rising On Unusual Volume
Bruker
Bruker (BRKR) is engaged in designing, manufacturing, marketing and servicing proprietary life science and materials research systems based on its core technology platforms. This stock is trading up 10% at $13.92 in recent trading.
Today's Volume: 954,000
Average Volume: 691,806
Volume % Change: 132% Shares of BRKR are soaring today after the company said its third quarter net income doubled, helped by easy comparisons to a prior-year period weighed down by more than twice as much in one-time charges. From a technical perspective, BRKR is gapping sharply higher here right off its 50-day at $12.65 and back above its 200-day at $13.96 with above-average volume. This move is quickly pushing BRKR within range of triggering a near-term breakout trade. That trade will hit once BRKR takes out some key overhead resistance levels at $13.85 to $14.29 with high volume. Traders should now look for long-biased trades in BRKR as long as it's trending above today's low of $13.72, and then once it sustains a move or close above those breakout levels with volume that hits near or above 691,806 shares. If that breakout triggers soon, then BRKR will set up to re-test or possibly take out its next major overhead resistance levels at $15.75 to $17.01. At the time of publication, author had no positions in stocks mentioned. Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, 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
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid 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
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
