Traders should now look for long-biased trades in ORLY as long as it's trending above its 200-day at $90.44, and then once it sustains a move or close above $94.88 with volume that hits near or above 1.65 million shares. If that breakout triggers soon, then ORLY will set up to re-test or possibly take out its next major overhead resistance level at $97 to $102.96.
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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