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 With Big Insider Buying
Three-Month Average Volume: 196,967
Volume % Change: 195% >>5 Bargain Bin Stocks to Buy This Fall From a technical perspective, NVDQ trended modestly higher here right off some near-term support at $15 with above-average volume. This move is quickly pushing shares of NVDQ within range of triggering a major breakout trade. That trade will hit if NVDQ manages to take out some near-term overhead resistance at $15.66 and then once it clears its all-time high at $15.85 with high volume. Traders should now look for long-biased trades in NVDQ as long as it's trending above support at $15 or above its 50-day at $14.20 and then once it sustains a move or close above those breakout levels with volume that's near or above 196,967 shares. If that breakout hits soon, then NVDQ will set up to enter new all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $20 to $23.