Traders should now look for long-biased trades in WBC as long as it's trending above its 50-day at $74.73, and then once it sustains a move or close above those breakout levels with volume that's near or above 537,741 shares. If that breakout triggers soon, then WBC will set up to enter new 52-week-high territory above $78.62, which is bullish technical price action. Some possible upside targets off that breakout are $80 to $85.
To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr.
-- Written by Roberto Pedone in Delafield, Wis.
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