Fuel Systems Solutions
Fuel Systems Solutions (FSYS - Get Report) designs, manufactures and supplies alternative fuel components and systems for use in the transportation, industrial and power generation industries on a global basis. This stock is trading up 3.8% at $16.23 in recent trading.
Today's Volume: 344,000
Average Volume: 160,451Volume % Change: 279% From a technical perspective, FSYS is soaring higher here back above its 200-day moving average of $15.91 with above-average volume. This stock recently broke out above some near-term overhead resistance levels at $15.09 to $15.80 with high volume. Traders should now look for long-biased trades in FSYS as long as it's trending above its 200-day at $15.91 with strong upside volume flows. I would consider any upside volume day that registers near or above 160,451 shares as bullish. If FSYS can maintain that trend, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $17.50 to $19. 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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