Traders should now look for long-biased trades in MTZ as long as it's trending above its 50-day at $21.91, and then once it sustains a move or close above $24.40 with volume that hits near or above 947,648 shares. If that breakout triggers soon, then MTZ will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets off that breakout are $28 to $30 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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