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 Poised for Breakouts
Three-Month Average Volume: 86,853
Volume % Change: 174% >>5 Stocks With Big Insider Buying From a technical perspective, DCO jumped higher here right above its 50-day moving average of $26.30 with above-average volume. This stock has been trending sideways inside of a consolidation pattern for the last two months, with shares moving between $25.91 on the downside and $29.37 on the upside. Shares of DCO are now quickly moving within range of triggering a big breakout trade above the upper-end of its recent sideways trading chart pattern. That breakout will hit if DCO manages to take out Monday's high of $29.31 and then once it clears its 52-week high at $29.37 with high volume. Traders should now look for long-biased trades in DCO as long as it's trending above Monday's low of $27.50 or above its 50-day at $26.30 and then once it sustains a move or close above those breakout levels with volume that this near or above 86,853 shares. If that breakout hits soon, then DCO will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $33 to $35.