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%
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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