This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

4 Stocks Rising on Unusual Volume

Stocks in this article: PRLB TRLA TSRO CG

Average Volume: 100,525

Volume % Change: 186%

>>5 Health Care Stocks Ready to Break Out

From a technical perspective, TSRO is ripping higher here above some past resistance at $22.89 with above-average volume. This move is quickly pushing shares of TSRO within range of triggering a major breakout trade. That trade will hit if TSRO manages to take out its previous double top resistance area at $25.03 to $25.13 with high volume. At last check, TSRO had hit an intraday high of $25.17, and volume wass above its three-month average action of 100,525 shares.

Traders should now look for long-biased trades in TSRO as long as it's trending above $22.89 and then once it sustains a move or close above those breakout levels with volume that hits near or above 100,525 shares. If that breakout hits soon, then TSRO will set up to enter new 52-week-high territory and all-time-high territory above $25.17, which is bullish technical price action. Some possible upside targets off that breakout are $28 to $30.

Carlyle Group

Carlyle Group (CG) primarily engages in private equity investment management and financing services and invests, directly and indirectly, in private-equity-related instruments on behalf of its clients. This stock is trading up 3.6% at $31.78 in recent trading.

Today's Volume: 280,000

Average Volume: 248,290

Volume % Change: 170%

From a technical perspective, CG is trending higher here right above some near-term support at $29.90 with above-average volume. Shares of CG recently formed a double bottom chart pattern at $29.86 to $29.90, and the stock is now ripping off that bottom and moving within range of triggering a near-term breakout trade. That trade will hit if CG manages to clear some near-term overhead resistance at $31.73 and then once it takes out its 50-day at $31.77 with high volume.

Traders should now look for long-biased trades in CG as long as it's trending above today's low of $30.89 and then once it sustains a move or close above those breakout levels with volume that hits near or above 248,290 shares. If that breakout triggers soon, then CG will set up to re-test or possibly take out its next major overhead resistance levels at $33 to $34.24. Any high-volume move above $34.24 will then put $37 to $37.89 into range for shares of CG.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs