This Day On The Street
Continue to site
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

3 Tech Stocks Spiking on Big Volume


Fusion-IO ( FIO) is a provider of datacenter solutions that accelerate databases, virtualization, cloud computing, big data and the applications that help drive business from the smallest e-tailers to some of the largest data centers, social media leaders, and Fortune Global 500 businesses. This stock is trading up 3% at $15.60 in recent trading.

Today's Volume: 4.73 million
Average Volume: 3.38 million
Volume % Change: 130%

>>4 GARP Growers to Buy This Summer

From a technical perspective, FIO is trending higher here with above-average volume. This stock recently gapped down sharply from over $18 to $13.13 with heavy downside volume. Since that gap, shares of FIO have started to rebound and trade into that gap down zone and are now quickly approaching a near-term breakout trade. That trade will hit if FIO manages to take out its 50-day moving average at $16.32 with high volume.

Traders should now look for long-biased trades in FIO as long as it's trending above $15, and then once it sustains a move or close above $16.32 with volume that hits near or above 3.38 million shares. If that breakout triggers soon, then FIO will set up to re-fill more of that previous gap down zone that started just above $18.


SolarCity ( SCTY) is engaged in designing, sales, engineering, installation, monitoring, maintenance and financing of solar energy systems to residential and commercial customers, or sale of electricity generated by solar energy systems to customers. This stock is trading up 7.2% at $33.71 in recent trading.

Today's Volume: 1.56 million
Average Volume: 867,990
Volume % Change: 187%

From a technical perspective, SCTY is ripping higher here right above some near-term support at $39 with above-average volume. This stock has been uptrending strong for the last few weeks, with shares soaring higher from $24 to its all-time high of $39. During that uptrend, shares of SCTY have been mostly making higher lows and higher highs, which is bullish technical price action. Shares of SCTY have recently pulled back from $39 to its low of $30, but it's now starting to rebound and move within range of triggering a major breakout trade. That trade will hit if SCTY manages to take out some near-term overhead resistance levels at $37.50 to $39 with high volume.
2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
FIO $0.00 0.00%
SFLY $38.24 2.22%
SCTY $26.35 -5.69%
AAPL $94.99 -0.02%
FB $99.54 -0.21%


Chart of I:DJI
DOW 16,014.38 -12.67 -0.08%
S&P 500 1,852.21 -1.23 -0.07%
NASDAQ 4,268.7630 -14.99 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs