Traders should now look for long-biased trades in KKD as long as it's trending above its breakout level of $11.98 with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 1.15 million shares as bullish. If KKD can maintain that trend, then look for this stock to potentially hit $15 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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