Traders should now look for long-biased trades in MOV as long as it's trending above $33.70 to $34.90, and then once it sustains a move or close above those breakout levels with volume that hits near or above 216.313 shares. If that breakout triggers soon, then MOV will set up to enter new 52-week high territory above $37.31, which is bullish technical price action. Some possible upside targets off that move are $40 to $45.
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.
Twitter and become a fan on Facebook.