7 Stocks Booming on Unusual Volume
Traders should now look for long-biased trades in ASPS as long as it's trending near or above its 50-day at $106.43, and then once it sustains a move or close above those breakout levels with volume that hits near or above 230,898 shares. If that breakout hits soon, then ASPS will set up to re-test or possibly take out its next major overhead resistance levels at $115.15 to $129.72.
ManpowerGroup (MAN)
This company is in the employment services industry whose five brands are Manpower, Manpower Professional, Elan, Jefferson Wells and Right Management provides a range of services for the entire employment and business cycle. This stock is trading up 3.3% at $40.99 in recent trading.
Today's Volume: 805,000
Average Volume: 796,229 Volume % Change: 66% From a technical perspective, MAN is ripping higher here above some near-term overhead resistance levels at $39.48 to $40.47 with above-average volume. This move is quickly pushing MAN within range of triggering a major breakout trade. That trade will hit once MAN takes out some near-term overhead resistance at $41.31 with high volume. Traders should now look for long-biased trades in MAN as long as it's trending above $39.48 to $40.47 and then once it sustains a move or close above $41.31 with volume that hits near or above 796,229 shares. If that breakout triggers soon, then MAN will set up to re-test or possibly take out its next major overhead resistance levels at $43 to $44. MasTec (MTZ) This is an infrastructure construction company, engages in engineering, building, installing, maintaining, and upgrading energy, communication, and utility infrastructure in North America. This stock is trading up 3.1% at $23.61 in recent trading. Today's Volume: 1.10 million Average Volume: 947,648 Volume % Change: 62% From a technical perspective, MTZ is bouncing higher here right above its 50-day moving average of $21.91 with above-average volume. This move has also pushed shares of MTZ above some near-term overhead resistance at $23. Shares of MTZ are now moving within range of triggering a major breakout trade. That trade will hit once MTZ manages to take out its 52-week high of $24.40 with high volume.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