Warner Chilcott (WCRX - Get Report) is currently focused on the gastroenterology, women's health care, dermatology and urology segments of the North American and Western European pharmaceuticals markets. This stock is trading up 4.1% at $14.09 in recent trading.
Today's Volume: 3.70 million
Average Volume: 4.59 millionVolume % Change: 50% From a technical perspective, WCRX is ripping higher here back above its 50-day moving average of $13.77 with decent upside volume flows. This stock has been trending sideways for the last month and change, with shares moving between $13.15 on the downside and $14.14 on the upside. This spike today is quickly pushing shares of WCRX within range of triggering a breakout trade above the upper-end of its recent sideways chart pattern. That trade will hit if WCRX takes out $14.14 with high volume. Traders should now look for long-biased trades in WCRX as long as it's trending above its 50-day at $13.77 or above some key near-term support at $13.20, and then once it sustains a move or close above $14.14 to today's high of $14.15 with volume that hits near or above 4.59 million shares. If that breakout triggers soon, then WCRX will set up to re-test or possibly take out its next major overhead resistance levels at $14.75 to $15.21. Any high-volume move above $15.21 will then put $16 to $17 into range for shares of WCRX. Lennar Lennar (LEN - Get Report), a homebuilder and a provider of financial services, is trading up 3.7% at $40.52 in recent trading. Today's Volume: 3.81 million Average Volume: 4.20 million Volume % Change: 54% From a technical perspective, LEN is bouncing higher here right above some near-term support at $37.95 with solid upside volume. This move is quickly pushing shares of LEN within range of triggering a near-term breakout trade. That trade will hit if LEN manages to take out its 50-day moving average of $40.35 with high volume. At last check, LEN has hit an intraday high of $40.78 and volume is very close to surpassing its three-month average of 4.20 million shares.
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