4 Stocks Spiking on Unusual Volume

Wednesday's Volume: 1.55 million

Average Volume: 534,574

Volume % Change: 150%

From a technical perspective, AREX bounced higher here right off some near-term support at $25.36 with above-average volume. This move has started to push shares of AREX into breakout territory, since the stock has flirted with some near-term overhead resistance levels at $26.72 to $27. At last check, AREX has hit an intraday high of $27.59 and volume finished well above its three-month average action of 534,574 shares. Shares of AREX are now moving within range of triggering another major breakout trade. That trade will hit if AREX manages to take out its 200-day moving average of $27.66 with high volume.

Traders should now look for long-biased trades in AREX as long as it's trending above today's low of $26.37 or above $25.36, and then once it sustains a move or close above its 200-day at $27.66 with volume that hits near or above 534,574 shares. If that breakout hits soon, thendddd AREX will set up to re-test or possibly take out its next major overhead resistance levels at $29.06 to $30.76.

SodaStream International

SodaStream International (SODA) is engaged in developing, manufacturing and marketing home beverage carbonation systems and related products. This stock closed flat at $50.53 on Wednesday.

Wednesday's Volume: 1.55 million

Average Volume: 1.10 million

Volume % Change: 50%

From a technical perspective, SODA spiked higher here right above some near-term support at $49.44 with above-average volume. This stock has been uptrending strong for the last three months, with shares soaring from its low of $33.15 to its recent high of $53.99. During that move, shares of SODA have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed SODA within range of triggering a near-term breakout trade. That trade will hit if SODA manages to take out some near-term overhead resistance at $53.99 with high volume.

Traders should now look for long-biased trades in SODA as long as it's trending above some key near-term support levels at $49.44 to $48, and then once it sustains a move or close above $53.99 with volume that hits near or above 1.10 million shares. If that breakout triggers soon, then SODA will set up to re-test or possibly take out its next major overhead resistance levels at $60 to $63.

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