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: 96,146
Volume % Change: 286% >>5 Stocks Under $10 to Trade for Breakouts From a technical perspective, AMAG bounced sharply higher here right off its 200-day moving average of $21.24 with heavy upside volume. This move briefly pushed shares of AMAG above its 50-day moving average of $22.98, before it closed right at that level. Traders should now look for long-biased trades in AMAG as long as it's trending above its 200-day at $21.24 and then once it sustains a move or close above Wednesday's high of $23.75 with volume that hits near or above 96,146 shares. If we get that move soon, then AMAG will set up to re-test or possibly take out its next major overhead resistance levels at $25.50 to its 52-week high at $27. Kythera Biopharmaceuticals Kythera Biopharmaceuticals ( KYTH) is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel prescription products for the aesthetic medicine market. This stock closed up 1.1% at $43.69 in Wednesday's trading session.