Today's Volume: 337,000
Average Volume: 221,758
Volume % Change: 152%
From a technical perspective, MIC is spiking higher here right above its 50-day at $42.57 with above-average volume. This move is quickly pushing shares of MIC within range of triggering a major breakout trade. That trade will hit once MIC manages to clear its 52-week high of $44.67 with high volume.Traders should now look for long-biased trades in MIC as long as it's trending above its 50-day at $42.57, and then once it sustains a move or close above $44.58 to $44.67 with volume that hits near or above 221,758 million shares. If that breakout triggers soon, then MIC will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets off that breakout are $50 to $55 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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