Traders should now look for long-biased trades in AEIS as long as it's trending above $13.50 or its 50-day at $13.06, and then once it sustains a move or close above $14.47 to $14.56 with volume that hits near or above 185,407 shares. If AEIS can maintain that trend, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $15.07 to $15.56. Any high-volume move above those levels will then put $17 into focus for shares of AEIS.
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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