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: 418,736
Volume % Change: 89% >>5 Short-Squeeze Stocks Ready to Pop in October From a technical perspective, WWW bounced modestly higher here right above its 50-day moving average of $56.95 with above-average volume. This move is quickly pushing shares of WWW within range of triggering a big breakout trade. That trade will hit if WWW manages to take out some near-term overhead resistance levels at $59.63 to its 52-week high at $60.35 with high volume. Traders should now look for long-biased trades in WWW as long as it's trending above its 50-day at $56.95 and then once it sustains a move or close above those breakout levels with volume that's near or above 418,736 shares. If that breakout hits soon, then WWW will set up to enter new 52-week-high territory above $60.35, which is bullish technical price action. Some possible upside targets off that move are $65 to $67.