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: 727,108
Volume % Change: 257% >>5 Stocks Under $10 in Breakout Territory From a technical perspective, SFUN exploded higher here right above some near-term support at $44.71 with strong upside volume. This stock has been uptrending strong for the last two months and change, with shares moving sharply higher from its low of $22.29 to its recent high of $53.77. During that move, shares of SFUN have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of SFUN within range of triggering a big breakout trade. That trade will hit if SFUN manages to take out some near-term overhead resistance levels at $51 to its 52-week high at $53.77 with high volume. Traders should now look for long-biased trades in SFUN as long as it's trending above support at $44.71, and then once it sustains a move or close above those breakout levels with volume that hits near or above 727,108 shares. If that breakout hits soon, then SFUN will set up to enter new 52-week-high territory above $53.77, which is bullish technical price action. Some possible upside targets off that breakout are $60 to $65.