4 Notables Rising on Unusual Volume

Heartware International (HTWR)

This is a medical device company developing a family of implantable Left Ventricular Assist Devices for the treatment of advanced heart failure. This stock is trading up 1.6% at $83.89 in recent trading.

Today's Volume: 192,000

Average Volume: 121,938

Volume % Change: 155%

From a technical perspective, HTWR is bouncing modestly to the upside here right off its 200-day moving average of $81.37 with above-average volume. This move is coming off oversold levels, since HTWR's current relative strength index (RSI) reading is 37. This action is also pushing HTWR within range of triggering a near-term breakout trade. That trade will hit once HTWR manages to clear some near-term overhead resistance levels at $86 to $86.36 with high volume.

Traders should now look for long-biased trades in HTWR as long as it's trending above its 200-day at $81.37, and then once it sustains a move or close above those breakout levels with volume that hits near or above 121,938 shares. If that breakout triggers soon, then look for HTWR to re-test or possibly take out its 50-day moving average of $89.74.

J2 Global (JCOM)

This company provides cloud services to businesses of all sizes, from individuals to enterprises. The company offers fax, voicemail, email and call handling services etc. This stock is trading up 2.8% at $30.19 in recent trading.

Today's Volume: 479,000

Average Volume: 332,848

Volume % Change: 129%

Shares of JCOM are moving modestly higher today after the company announced a deal to buy tech trade magazine publisher Ziff Davis for $167 million. The deal includes titles like PCMag.com, ComputerShopper, ExtremeTech, Toolbox.com and Geek.com.

From a technical perspective, JCOM is gapping up here off some near-term support at $29 with above-average volume. This move has seen JCOM briefly challenge its 50-day moving average of $30.59. At last check, JCOM has hit an intraday high of $30.91 and volume is well above its three-month average action of 332,848 shares. This action is also pushing JCOM within range of triggering a near-term breakout trade. That trade will hit once JCOM manages to clear some near-term overhead resistance at $31.07 with high volume.

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