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: 881,127
Volume % Change: 141% Shares of SODA are ripping higher here after Barclays raised its price target on the stock to $100 based on prospects that sales will increase. >>5 Rocket Stocks to Buy in June From a technical perspective, SODA is gapping up sharply higher here right off some near-term support at $62.50 with heavy upside volume. This move has started to push shares of SODA into breakout territory, since the stock has taken out some near-term overhead resistance at $66.69. Shares of SODA have also entered new 52-week-high territory and volume is well above its three-month average action of 881,127 shares. Traders should now look for long-biased trades in SODA as long as it's trending above $66.69 with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 881,127 shares as bullish. If SODA can maintain that trend, then this stock set up to break out to a new 52-week high above $69.25. One possible upside target for SODA off that breakout is its all-time high at $79.72.