Traders should now look for long-biased trades in CVLT as long as it's trending near or above its 52-week high of $66.62 with strong upside volume flows. I would consider any upside volume day that registers near or above 478,479 shares as bullish. If CVLT can maintain that trend, then this stock will set up to trade north of $70 in the near future.
To see more stocks rising on unusual volume, check out the Stocks Rising On Unusual Volume portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.
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