DELAFIELD, 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.>>5 Stocks Insiders Love Right Now
Three-Month Average Volume: 932,295
Volume % Change: 167% >>5 Bargain Bin Stocks to Buy for 2013 From a technical perspective, DPZ bounced higher here right off its 50-day moving average of $59.80 with above-average volume. This stock recently plunged lower from $64.45 to under its 50-day moving average with heavy downside volume. Shares of DPZ have now started to recover and trend back above its 50-day, which could be signaling the stock is ready to resume its uptrend. Traders should now look for long-biased trades in DPZ as long as it's trending above its 50-day at $59.80 and then once it sustains a move or close above Wednesday's high of $61.24 with volume that this near or above 932,295 shares. If we see that move soon, then DPZ will set up to re-test or possibly take out its next major overhead resistance level at its 52-week high of $64.45. Any high-volume move above that level will then give DPZ a chance to tag $70.