Three-Month Average Volume: 181,822
Volume % Change: 367% >>5 Stocks Set to Soar on Bullish Earnings From a technical perspective, GASS skyrocketed higher here right off its 200-day moving average of $9.98 with heavy upside volume. This move pushed shares of GASS into breakout territory, since the stock took out or flirted with some near-term overhead resistance levels at $10.33 to $10.72. Shares of GASS are now quickly moving within range of triggering another major breakout trade. That trade will hit if GASS manages to take out Wednesday's high of $10.72 to more resistance at $11.49 with high volume. Traders should now look for long-biased trades in GASS as long as it's trending above its 200-day at $9.98 or its 50-day at $9.43 and then once it sustains a move or close above those breakout levels with volume that hits near or above 181,822 shares. If that breakout triggers soon, then GASS will set up to re-test or possibly take out its 52-week high at $12.10. Any high-volume move above $12.10 will then give GASS a chance to tag $13 to $14. Nelnet Nelnet ( NNI) offers fee-based processing services and quality education-related products and services in four core areas: loan financing, loan servicing, payment processing, and enrollment services. This stock closed up 3.5% at $39.94 in Wednesday's trading session. Wednesday's Volume: 295,000
Three-Month Average Volume: 69,791
Volume % Change: 247% >>4 Stocks Under $10 to Watch for Breakouts From a technical perspective, NNI spiked higher here back above its 50-day moving average of $38.54 with above-average volume. This move pushed shares of NNI into breakout territory, since the stock took out some near-term overhead resistance levels at $38.61 to $38.65. This move is quickly pushing shares of NNI within range of triggering another near-term breakout trade. That trade will hit if NNI manages to take out Wednesday's high of $40 and then once it clears its 52-week high at $41.74 with high volume.