Average Volume: 402,960
Volume % Change: 132% >>5 Stock Charts You Need to See From a technical perspective, SI bounced modestly higher here right off its 200-day moving average of $103.87 and back above its 50-day moving average of $104.72. This move is quickly pushing shares of SI within range of triggering a near-term breakout trade. That trade will hit if SI manages to take out some near-term overhead resistance at $106 and then above more resistance levels at $108 to $108.73 with high volume. Traders should now look for long-biased trades in SI as long as it's trending above its 50-day at $104.72 or above Wednesday's low of $103.96 and then once it sustains a move or close above those breakout levels with volume that's near or above 402,960 shares. If that breakout triggers soon, then SI will set up to re-test or possibly take out its next major overhead resistance levels at $110 to its 52-week high at $113.16. Any high-volume move above $113.16 will then give SI a chance to tag $120. 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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