Three-Month Average Volume: 701,377
Volume % Change: 115% >>5 Stocks Poised for Breakouts From a technical perspective, VOYA rose modestly higher here right above some near-term support at $29 with above-average volume. This stock recently formed a double bottom at $28.64 to $28.79. After marking that bottom, shares of VOYA have now started to uptrend and move within range of triggering a near-term breakout trade. That trade will hit if VOYA manages to take out Wednesday's high of $30.46 to some more resistance at $30.63 with high volume. Traders should now look for long-biased trades in VOYA as long as it's trending above some near-term support at $29 and then once it sustains a move or close above those breakout levels with volume that's near or above 701,377 shares. If that breakout hits soon, then VOYA will set up to re-test or possibly take out its all-time high at $32.70. Any high-volume move above that level will then give VOYA a chance to tag $35 to $40. To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr. -- Written by Roberto Pedone in Delafield, Wis.
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