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 Unusual-Volume Risers

Stocks in this article: GEO TEA NRGY DLB

Teavana (TEA)

Teavana (TEA) is a specialty retailer of premium loose-leaf teas, authentic artisanal teawares and other tea-related merchandise. This stock is trading up 5.9% at $10.94 in recent trading.

Today's Volume: 164,000

Average Volume: 133,427

Volume % Change: 104%

From a technical perspective, TEA is bouncing sharply higher here right around some previous support levels at around $10.75 to $10.96 with above-average volume. This bounce is coming after shares of TEA have recently dropped sharply from $13.78 to today's low of $10.27. That sharp plunge lower has pushed TEA into oversold territory, since its relative strength index (RSI) reading is now 37. Oversold can always get more oversold, but this bounce today could be signaling that TEA is reading to spike significantly higher.

Traders should now look for long-biased trades in TEA as long as it's trending above today's low of $10.27, and then once it sustains a move or close above some near-term overhead resistance levels at $11.32 to $12.28 with high volume. Look for volume on that move that hits near or above 133,427 shares. If we get that move from TEA, then this stock could bounce back towards $13 to 13.78 or possibly even $14.50 in the near future.

Inergy (NRGY)

Inergy (NRGY) owns and operates retail and wholesale propane supply, marketing and distribution business. It also operates two natural gas storage facilities, a liquefied petroleum gas storage facility and a natural gas liquids business. This stock is trading up 5.4% at $20.06 in recent trading.

Today's Volume: 539,000

Average Volume: 386,629

Volume % Change: 130%

From a technical perspective, NRGY is bouncing sharply off some near-term support at $19 here with above-average volume. This move is quickly pushing NRGY within range of triggering of triggering a near-term breakout trade. That trade will hit once NRGY takes out some near-term overhead resistance levels at $19.94 to $20.42 with high volume.

Traders should now look for long-biased trades in NRGY as long as it's trending above $19, and then once it sustains a move or close above those breakout levels with volume that hits near or above 386,629. If that breakout triggers soon, then NRGY will set up to re-fill its previous gap down zone from September that started around $21.66. Any high-volume move above $21.66 would then put $22.75 into focus for NRGY.

2 of 3

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 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

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