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: 84,827
Volume % Change: 283% >>5 Short-Squeeze Stocks Ready to Pop in October From a technical perspective, MZOR soared higher here with heavy upside volume. This move pushed shares of MZOR into breakout and new all-time high territory, since the stock took out its previous high at $17.99. This stock has been uptrending strong for the last three months, with shares moving higher from its low of $11.67 to its intraday high of $19.48. During that move, shares of MZOR have been consistently making higher lows and higher highs, which is bullish technical price action. Traders should now look for long-biased trades in MZOR as long as it's trending above Wednesday's low of $17.81 or above $17 and then once it sustains a move or close above its new all-time high at $19.48 with volume that hits near or above 84,827 shares. If we get that move soon, then MZOR will set up to enter new all-time-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $23 to $25.