MADISON, Wis. ( Stockpickr) -- Professional traders running mutual funds and hedge funds don't just look at a stock's price moves; they also track big changes in volume activity. Often when above-average volume moves into an equity, it precedes a large spike in volatility.Major moves in volume can signal unusual activity, such as insider buying or selling -- or buying or selling by "superinvestors."
Average Volume: 929,266
Volume % Change: 299% >>4 Big Tech Stocks to Trade (or Not) Shares of CAVM are trending higher today after the company beat Wall Street earnings-per-share estimates by 1 cent and reported revenues in-line with estimates. From a technical perspective, CAVM is gapping higher here and flirting with its 200-day moving average at $33 with heavy upside volume. At last check, CAVM has hit an intraday high of $34.22 and volume is well above its three-month average action of 929,266 shares. This move is starting to push CAVM within range of triggering a major breakout trade. That trade will hit if CAVM manages to take out some near-term overhead resistance levels at $35.25 to its 50-day at $35.39 with high volume. Traders should now look for long-biased trades in CAVM as long as it's trending above its 200-day at $33 or above today's low at $31.78 and then once it sustains a move or close above those breakout levels with volume that hits near or above 929,266 shares. If that breakout triggers soon, then CAVM will set up to re-test or possibly take out its next major overhead resistance levels at $38.99 to $39.52.