Traders should now look for long-biased trades in TXTR as long as it's trending above Monday's low of $41.17 or above key support at $39.92 and then once it sustains a move or close above those breakout levels with volume that hits near or above 122,320 shares. If that breakout hits soon, then TXTR will set up to enter new all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $50 to $55.
SouFun ( SFUN) operates a real estate Internet portal in China. This stock closed up 4.3% to $51.64 in Monday's trading session.
Monday's Volume: 2.60 million
Three-Month Average Volume: 864,862
Volume % Change: 277%
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