Time Warner (TWX) is a media and entertainment company whose businesses include interactive services, cable systems, filmed entertainment, television networks and publishing. This stock is trading up 1% at $58.18 in recent trading.
Today's Volume: 5.91 million
Average Volume: 6.32 millionVolume % Change: 57% From a technical perspective, TWX is uptrending here and hitting a new 52-week high with decent upside volume. This stock has broken out above some near-term overhead resistance at $57.85 and volume is trending just a bit below its three-month average action of 6.32 million shares. Traders should now look for long-biased trades in TWX as long as it's trending above today's low of $57.77 or above that breakout level of $57.85 with strong upside volume flows. I would consider any upside volume day that registers near or above 6.32 million shares as bullish. If TWX can maintain that trend, then this stock will have a strong chance of trending north of $60 in the near future. Impax Laboratories Impax Laboratories (IPXL) is a technology-based specialty pharmaceutical company focused on the development and commercialization of bioequivalent and brand-name pharmaceuticals, utilizing its controlled-release and other in-house development. This stock is trading up 3.6% at $15.85 in recent trading. Today's Volume: 899,000 Average Volume: 1.06 million Volume % Change: 50% From a technical perspective, IPXL is ripping higher here right off some near-term support at $15.05 with decent upside volume. This move is quickly pushing shares of IPXL within range of triggering a major breakout trade. That trade will hit if IPXL can manage to take out some near-term overhead resistance levels at $16 to $16.97 with high volume. Traders should now look for long-biased trades in IPXL as long as it's trending above some key near-term support at $15.05 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.06 million shares. If that breakout triggers soon, then IPXL will set up to re-fill some of its previous gap down zone from March that started near $20. To see more stocks rising on unusual volume, check out the Stocks Rising On Unusual Volume portfolio on Stockpickr.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV