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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

4 Tech Stocks Spiking on Big Volume

Unisys

Unisys (UIS) is an information technology company that provides a portfolio of IT services, software and technology that solves critical problems for clients. This stock closed up 5.7% at $26.40 in Wednesday's trading session.

Wednesday's Volume: 1.76 million
Three-Month Average Volume: 691,038
Volume % Change: 185%

>>5 Stocks Set to Soar on Bullish Earnings

From a technical perspective, UIS gapped sharply higher here right above some near-term support at $25 with above-average volume. This move sent shares of UIS into new 52-week-high territory, which is bullish technical price action. This stock also flirted with some major resistance at its two-year of $27.43, before closing at $26.40.

Traders should now look for long-biased trades in UIS as long as it's trending above Wednesday's low of $26.08 or above $25 and then once it sustains a move or close above Wednesday's high of $28.25 volume that hits near or above 691,038 shares. If we get that move soon, then UIS will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $30 to $33.

VMWare

VMWare (VMW) is a provider of virtual infrastructure software solutions from the desktop to the data center. This stock closed up 16.7% at $83.20 in Wednesday's trading session.

Wednesday's Volume: 13.26 million
Three-Month Average Volume: 2.46 million
Volume % Change: 448%

>>5 Rocket Stocks to Buy for Earnings Season

From a technical perspective, VMW gapped sharply higher here back above its 200-day moving average of $80.61 with monster upside volume. This move pushed shares of VMW into breakout territory, since the stock gapped above some key overhead resistance levels at $72.26 to $79.91. Shares of VMW are now quickly moving within range of another major breakout trade. That trade will hit if VMW takes out some past overhead resistance at $85.91 with high volume.

Traders should now look for long-biased trades in VMW as long as it's trending above its 200-day at $80.61 and then once it sustains a move or close above $85.91 with volume that's near or above 2.46 million shares. If that breakout hits soon, then VMW will set up to re-fill its previous gap down zone from February that started near $100. If VMW can get into that gap with volume, then this stock could easily hit $90 to $95.

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